Event Brief
UPDATED Jul 20, 2026 at 8:15 PM ET
Jul 20, 2026 at 2:13 PM ET
Peru GDP growth slows to 1.8% in May
By The BriefBrief
Peru’s economy grew 1.8% year-on-year in May 2026 as El Niño drove a sharp fishing contraction.
WHO: Peru’s economy
WHAT: GDP growth slowed to 1.8% year-on-year in May 2026, with fishing contracting 73.1% due to El Niño conditions.
WHEN: Jul 20, 2026 at 1:43 PM ET
WHERE: Peru
WHY: El Niño warmed Pacific waters and drove away anchovy stocks, causing a fishing sector collapse.
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