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Q2 GDP Comes In Slightly Ahead Of Estimates at -0.5% Y/y

PERU
  • According to the country’s statistics agency, Peru 2Q GDP fell by 0.5% y/y. This was slightly better than the -0.6% surveyed median estimate and compares with a 0.4% decline in the previous quarter. Private consumption rose by 0.4% y/y versus a prior +0.2%.
  • Of note, the forest fire that started on Sunday in the southern Peruvian region of Apurimac, now has a death toll of five. Additionally, the fire has caused significant damage to livestock and the environment, according to the National Emergency Operations Center.

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