Summary
- Peru’s economy showed a significant comeback with a growth of 1.4% in the first quarter of 2024.
- Mining sectors, especially gold and copper, played a major role in this recovery due to rising global prices.
- Construction and petroleum extraction also contributed to the growth, with construction increasing by 5.1% and extraction industries by 7.6%.
- Despite challenges in certain sectors like fishing and manufacturing, the government projects an optimistic economic growth of 3.1% by the end of 2024.
