Peru’s GDP grew by 4.07% in January 2025, a decrease from 4.85%. Transportation and construction performed well, while manufacturing, commerce, and agriculture showed slower growth. The seasonally adjusted national production index rose by 0.26% compared to the previous period.
In January 2025, Peru’s Gross Domestic Product (GDP) experienced a year-on-year increase of 4.07%, a decline from the preceding month’s growth rate of 4.85%. This represents the tenth consecutive month of economic expansion. Positive growth was noted in the transportation sector, which saw an increase of 7.85%, and a notable rebound in construction at 4.13%, compared to a previous decline of 0.88%.
Conversely, several sectors reported a slow-down in growth. Manufacturing grew by 5.53%, falling from 11.85%, while commerce and mining recorded growth of 3.16% and 1.39%, respectively, down from 3.64% and 1.97%. Additionally, agriculture saw a decrease from 7.54% to 3.24%, and the electricity, gas, and water sectors declined to 1.46% from 1.74%. Accommodation and restaurants also reported a reduction in growth, decreasing to 3.32% from 4.54%. Overall, the seasonally adjusted national production index increased by 0.26% compared to the previous period.
In conclusion, while Peru’s economy continues to experience growth, recent data indicates a general slowing down across various sectors. The significant improvements in transportation and construction are noteworthy; however, declines in manufacturing, commerce, agriculture, and other sectors highlight areas of concern that may need attention moving forward to sustain economic momentum.
Original Source: www.tradingview.com
