The Lima Chamber of Commerce (CCL) has confirmed that its projection for the growth of the Peruvian economy remains at 3.1% for the year 2026. This forecast is based on the productive activity of the country, which has shown dynamism in recent months, except for March, when a decline was recorded due to the rupture of the Camisea gas pipeline.
Óscar Chávez, head of the Institute of Economics and Business Development at the CCL, stated that the drop in March was an isolated event. “Many adjusted their projections downward, but we have maintained ours because it was just one month and we have many months ahead,” he explained.
Impact of the Gas Pipeline
The issue with the gas pipeline, which occurred on March 1 in Megantoni, Cusco, significantly disrupted the gas supply to the coast, affecting sectors such as manufacturing and construction, although commerce and services continued to operate. According to the National Institute of Statistics and Informatics (INEI), the growth of the Gross Domestic Product (GDP) in January and February was 3.54% and 3.68%, respectively.
Chávez emphasized that economic expansion is mainly due to internal demand, driven by consumption and private and public investment. For more details on the state of the economy, you can check our note on the recent government decisions regarding contributions from independent workers.
