Peruvian Private Investment Drives Q1 Growth

Peru's domestic demand surged 6.6% in Q1 2026, fueled by a 13.2% increase in private investment and 3.6% growth in private consumption. While mining remains robust, election-related political uncertainty is expected to slow growth to 5% in the second quarter.

Key Takeaways

• 1.Peru's domestic demand grew 6.6% y/y in Q1 2026, the largest quarterly expansion since 2013 (excluding 2021).
• 2.Private investment jumped 13.2% in Q1 2026, led by a 41.2% surge in mining investment due to high metal prices.
• 3.Q2 growth is projected to moderate to 5% as business expectations deteriorated following the April presidential elections.

Table of Contents

• LATAM DAILY
• Contributors
• TODAY'S CONTRIBUTORS
• Latam Daily: Peruvian Private Investment Drives Q1 Growth
• EVOLUTION OF DOMESTIC DEMAND DURING Q1 2026

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