Peru: Domestic cement consumption up 7.97% in May 2026, fifth straight month of growth

13:46 | Lima, Jul. 1.

Domestic cement consumption increased 7.97% in May 2026 compared with the same month a year earlier, National Institute of Statistics and Informatics (INEI) Chief Gaspar Moran reported on Wednesday.

According to the INEI's Technical Report: Current Economic Activity Trends, this growth was driven by the dynamism of housing and infrastructure projects undertaken by private-sector companies, as well as self-built housing.

Fishing sector

In May 2026, the fishing sector contracted 73.1% compared with the same month a year earlier, mainly due to lower catches of marine species (-75.61%) intended for indirect human consumption (fishmeal and fish oil production).

Anchovy landings totaled 31,771 metric tons in May 2026, down 97.6% from 1,327,933 metric tons recorded in May 2025.

In turn, fishing for direct human consumption grew 4.50%, reflecting higher catches of species intended for fresh consumption (18%) and for canned fish production (8.6%).

Meanwhile, inland fishing declined 24.67%, due to lower landings of species intended for fresh consumption (-22.8%) and freezing (-38.4%).

Consumer credit

The INEI reported that consumer credit totaled S/83.826 billion (about US$24.632 billion) in May 2026, up 13.96% from the same month a year earlier.

Mortgage credit totaled S/73.476 billion (about US$21.592 billion), up 7.3% from May 2025.

This was followed by credit extended to corporations and large, medium-sized, small, and microenterprises, which totaled S/229.726 billion (about US$67.507 billion), a 5.47% increase from the same month in 2025.

Lastly, the number of credit cards issued by commercial banks totaled 7,117, up 10.53% from the same month a year earlier.

(END) NDP/CNA/MVB

Publicado: 1/7/2026