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Event Brief

Peru GDP growth slows to weakest pace in six months

Peru’s GDP expanded 1.8% in May, the slowest pace so far this year, as El Niño harms sectors including fishing.
WHO: Peru’s economy
WHAT: GDP growth slowed to 1.8% in May and the fishing sector fell over 73% year-on-year
WHEN: Jul 16, 2026 at 5:00 AM ET
WHERE: Peru
WHY: Warmer seas from El Niño drove away anchovy, causing a fishing collapse.

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