BCR: Peru's economy might have grown around 3% in 2Q 2025

Photo: ANDINA/Ricardo Cuba

Photo: ANDINA/Ricardo Cuba

15:23 | Lima, Jul. 15.

The Central Reserve Bank (BCR) projected that the Peruvian economy might have recorded growth of around 3% in the second quarter of this year.

"We expect second-quarter growth to be slightly below 3%," BCR Economic Studies Central Manager Adrian Armas stated during a press conference following the presentation of the July Monetary Program.

Armas explained that this would be due to the effect of Holy Week in April, as the holidays this year fell in the fourth month, which reduced economic activity.

Similarly, growth in May was estimated at a moderate 2.6%, supported by domestic demand but affected by the decline in primary sectors such as fishing and mining.

However, these results would be offset by June's performance, which has been preliminarily estimated at 4%, according to Armas.

"Therefore, GDP growth in the second quarter would be slightly below 3%," he stated.

The BCR spokesperson also advised caution with the monthly figures, given the volatility in growth levels.


(END) GDS/JJN/MVB

Published: 7/15/2025