The Peruvian economy has accumulated 17 consecutive months of growth, after advancing 3.2% last August, thus consolidating a sustained trajectory of expansion in productive activity, the Ministry of Economy and Finance (MEF) reported today.
According to the National Institute of Statistics and Informatics (INEI), the Peruvian economy grew 3.2% in August 2025, with the Gross Domestic Product (GDP) accumulating an increase of 3.3% between January and August of this year.
"This result reflects the solid performance of the productive sectors and reaffirms business confidence in the consolidation of the economy," the MEF emphasized.
By Sector
At the sector level, non-primary sectors grew 3.2% in August, accumulating 17 consecutive months of expansion.
This performance was driven by increased private investment and stronger household consumption, factors that continue to sustain the economic recovery.
Regarding investment, the MEF highlighted growth in the construction sector (3.6%), associated with the execution of public and private projects, and non-primary manufacturing (1.8%), driven by food and beverage production, as well as shipbuilding and transportation equipment repair.
Regarding household consumption, the trade sector expanded 3.8%, while services grew 3.3%, favored by the recovery of employment, increased household income, and a stable price environment.
The primary sectors grew 1.8% in August, accumulating three consecutive months of expansion.
This increase was due to the good performance of the agricultural sector (6.4%), driven by a larger harvest of export products such as blueberries and avocados, and an increase in hydrocarbon production (8.3%), due to increased oil extraction in Blocks 8 and 95.
Furthermore, the mining sector grew 0.9% due to partial maintenance at major mines, such as Las Bambas, Southern, Constancia, Cerro Verde, and Mina Justa.
In contrast, fishing fell 11.5% and primary manufacturing fell 5.6%, affected by lower catches of species intended for direct human consumption, such as horse mackerel, bonito, and mackerel, due to adverse oceanographic conditions.
The leading indicators for September confirm the continuation of this trend: the Peruvian economy will remain dynamic.
Last month, capital goods imports grew 12.2% nominally, accumulating 18 consecutive months of growth; Cement shipments (published by Asocem) increased 7.9% for the fifth consecutive month; and BBVA's Big Data consumer index registered a 12% increase, with 22 consecutive positive months.
Likewise, the 12 indicators of business expectations for 3 and 12 months from the Central Reserve Bank of Peru (BCRP) remain in optimistic territory for 16 consecutive months, the longest period of business confidence in the last seven years.
The MEF emphasized that these results confirm the strength of the Peruvian economy, supported by solid macroeconomic fundamentals, low inflation, and responsible fiscal management.
"The Government reaffirms its commitment to consolidating economic growth, business confidence, and attracting investment, essential pillars for promoting inclusive and sustainable development for the benefit of all Peruvians," the MEF stated.
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(END) NDP / MDV
Publicado: 20/10/2025