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September 16, 2025
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Peruvian economy grew 3.41% in July

Populism in Congress: New proposals would subtract S/30 million from fishing workers

The Peruvian economy 3.41% grew in July, which accumulated an advance of 3.35% in seven months and 3.65% in 12 months, according to data from the National Institute of Statistics and Informatics (INEI).

During the seventh month of the year, the accommodation and restaurant sector was the only one that registered a negative result with a fall of 0.82%. This setback was a consequence of the fall of 0.87% of the subsector restaurants, in the face of a lower demand for fast food, chifa, pollerias, meats and grills, ice cream shops and cafes.

According to the INEI, the lower demand was due to the closure of premises, citizen insecurity and poor advertising dissemination.

Different was the fishing panorama that advanced 34.85%, due to the largest landing of maritime origin species for indirect human consumption.

Greater investment

After this result of July, the Ministry of Economy and Finance (MEF) highlighted the impulse of private investment and the recovery of household consumption. In addition, he commented that with the advanced indicators of August, it can be determined that in that month a dynamic performance was also recorded.

“In August 2025, imports of capital goods grew 24.2 %, accumulating 17 consecutive expansion months. Similarly, imports of consumer goods increased 13.1 %, adding 12 months of uninterrupted growth,” he said.

For his part, the analyst Juan Carlos Odar said that, although it is a positive surprise that registered in July, part of the progress rate collects the largest indirect taxes for the dynamism of imports.

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