Overview

• National production rose 3.18% year over year in August, taking January–August growth to 3.32% and the 12‑month rate to 3.59%, with monthly gains easing from June (4.52%) to July (3.41%) to August (3.18%).
• August’s advance was led by agriculture (+6.43%), commerce (+3.78%), construction (+3.60%), mining and hydrocarbons (+1.78%) and transport (+4.03%), while manufacturing edged up (+0.06%).
• Fishing was the only major sector in decline (‑11.47%) on lower maritime catches for direct consumption, though industrial anchoveta landings increased from specific ports under seasonal restrictions.
• The Economy and Finance Ministry reported 17 consecutive months of expansion and cited a 3.2% August print consistent with INEI’s reading of continued, though moderating, growth.
• In Lima Metropolitana, employment reached 5.674 million (+3.9% y/y) with unemployment at 5.7% and average monthly labor income at S/2,293.9 (+11.6%), while manufacturing employment grew 8.5% (65,200 jobs).