Peru’s economic activity saw a rebound in April, with the overall ISE index rising to 3.3%, signaling a potential shift after a period of stagnation. However, the recovery remains uneven, as the agricultural and mining sectors continue to struggle and have not yet demonstrated improvement. The primary driver of the April increase was the tertiary sector – encompassing public administration, health, and education – which experienced a significant expansion of 8.1%. This suggests that government spending and service-based industries are currently bolstering the economy. While the overall index increase is positive, the continued weakness in key export-oriented sectors like agriculture and mining raises concerns about the sustainability of the recovery. Analysts are monitoring these sectors closely for indications of future growth. The data indicates a complex economic landscape with varying performance across different industries within Peru.
