PERU · ECONOMY

Key Facts

—The warning: Former finance minister Alonso Segura says El Niño finds Peru with savings at a 25-year low.

—The comparison: In 2017 Peru’s emergency buffers exceeded 4 percent of GDP; today they are largely consumed.

—Market exposure: Analysts name cement maker Pacasmayo, food group Alicorp and power utility Engie as most exposed.