Overview
- INEI reported a 3.94% year-on-year rise in September activity, up from 2.98% in August, with most sectors expanding.
- Construction grew 10.24% on stronger cement demand and a pickup in public works, highlighting both private and government projects.
- The agropecuario sector advanced 12.10% as the agricultural subsector climbed 18.44%, with sharp gains in olives, avocado, wheat and coffee, while livestock output rose 3.45%.
- Mining and hydrocarbons increased 2.09% on higher zinc and copper production, whereas telecommunications was the sole decliner at minus 0.12%.
- Cumulative growth reached 3.33% for January–September and 3.70% over the past 12 months, as BCP raised its 2026 GDP forecast to 3.2% citing the AFP withdrawal and firmer metals prices, echoed by improved business expectations.