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Event Brief

Peru economy slows in May as fishing collapses

Peru’s May 2026 GDP growth slowed to 1.80% as fishing contracted 73.10% amid El Niño conditions.
WHO: Peru’s economy (fishing sector and manufacturing sector data)
WHAT: Fishing sector contracted 73.10%, dragging overall GDP growth to 1.80% year-on-year in May 2026.
WHEN: Jul 20, 2026 at 1:43 PM ET
WHERE: Peru
WHY: Fishing collapsed as El Niño conditions warmed Pacific waters and drove away anchovy stocks.

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