Overview
- Peru’s builders posted an estimated 13.3% jump in February 2026, lifting growth for the first two months to 14.5% after December and January also rose by double digits.
- Public works, which are government-funded projects, grew 22.2% in February after a 24.5% rise in January, while cement use climbed 10.9%.
- The Central Reserve Bank of Peru raised its 2026 construction forecast to 6%, and it now expects private investment to grow by about 9.5%.
- Capeco, the construction chamber, said growth will likely slip back to single digits this year, noting that a March fuel shortage already pushed up costs and slowed output.
- The group also flagged weak project execution and possible funding shortfalls at health and infrastructure agencies Pronis and ANIN, plus a roughly 55% chance of a moderate El Niño that could damage homes and roads in cities like Arequipa and Piura.