Leading indicators of economic activity show that Peruvian economy would have maintained its momentum in April, driven mainly by strong growth in public investment and construction activity, the
Ministry of Economy and Finance (MEF) reported.
In this regard, general government investment spending, which comprises the National Government, regional governments, and local governments, grew 47.9% in April compared with the same month a year earlier, reaching S/5.895 billion (about US$1.727 billion).
Domestic cement consumption also increased 13.9%, marking 15 consecutive months of growth and reflecting greater momentum in public works and construction activity.
Economy and Finance Minister Rodolfo Acuña highlighted that these results confirm the economy remains on a favorable trajectory, supported by sectors with a great capacity to generate employment and boost other activities.
"Leading indicators show that the economy maintained a positive pace in April. Strong growth in public investment and domestic cement consumption reflects increased activity in public works and construction, sectors that generate employment and contribute to economic momentum," Acuña stated
"At the Ministry of Economy and Finance (MEF), we will continue working to ensure that public investment translates into more services and better living conditions for citizens," he added.
The MEF specified that, as part of the actions of the transitional government led by President Jose Maria Balcazar, it has been continuously monitoring the execution of public investment and providing technical assistance to regional and local governments, with the aim of helping ensure that projects move forward, are completed on time, and deliver the services for which they were designed.
In the case of government investment spending, the increase was driven mainly by the execution of public works by various State-run entities, as well as by the acquisition of machinery and equipment by the National Government.
Another relevant indicator was the electricity subsector, which posted 4.6% growth in April compared with the same month in 2025, marking its highest rate since January 2026.
This result was driven mainly by increased thermoelectric power generation (21.2%), as well as renewable wind and solar energy generation (13.6%).
Likewise, imports grew 33.4% in April compared with the same month a year earlier.
Particularly noteworthy were imports of capital goods, which increased 39.4%, and consumer goods, which grew 26.3%.
Meanwhile, consumer lending expanded 12.7%, mortgage lending 7.0%, and lending to the corporate sector 5.1%.
(END) NDP/GDS/MVB
Published: 6/2/2026