Peru raised its 2026 growth forecast to three point four percent, but the surprise is that mining barely grows even with copper and gold near record prices.
Economy · Peru
Key Facts
—The upgrade. Peru’s central bank lifted its 2026 growth forecast to 3.4 percent, up from 3.2 percent in March.
—The surprise. Metallic mining is forecast to grow just 0.3 percent this year, despite copper and gold near record prices.
—The engine. The non-commodity economy is expected to expand 4.7 percent, carrying the whole forecast on domestic demand.
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