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Peru's Economy Grows Amid Political Turmoil and Construction Boom

2/16/2026

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Story summary
  • Peru's economy grew 3.44% in 2025, driven by construction, commerce, and manufacturing.
  • December 2025 recorded a 3.83% GDP rise.
  • Construction surged 12% in December 2025.
  • Political instability looms as Congress plans to vote on censuring President José Jerí, the eighth president since 2018.
  • The central bank maintains a disciplined fiscal policy and projects continued growth and low inflation into 2026.