Domestic demand in Peru grew 6.2% year-on-year in the second quarter of 2025, maintaining the same expansion rate as in the first three-month period, which in turn is the highest since the third quarter of 2021 (13.8%), the
Likewise, the BCR stressed that private investment rose 9% in the second quarter of this year, driven by growth in non-mining non-residential investment (11.4%) and mining investment (8%), as well as residential investment (3.2%).
On the other hand, the Central Reserve Bank indicated that private consumption grew 3.6% year-on-year in the second quarter, marking seven consecutive quarters of expansion. It was driven by the recovery of household purchasing power, following increases in employment and income, as well as the inflation moderation.
Moreover, the issuing entity noted that formal employment rose 4.5% year-on-year in the second quarter, representing approximately 249,000 new jobs.
It also highlighted the growth of employment in services (84,000), agriculture (70,000), and trade (31,000) sectors.
In line with this dynamism, total wage mass grew 6.1%, driven both by the increase in the average real wage and by employment growth.
"During the second quarter, imports of durable consumer goods grew at double-digit rates, mainly driven by higher purchases of automobiles and home appliances," the BCR pointed out.