Tuesday, 02 January 2024 12:17 GMT

Peru's Economy Expands 3.4 Percent in 2025


(MENAFN) Peru's economy sustained solid momentum through 2025, expanding 3.4 percent over the full year, the National Institute of Statistics and Informatics (INEI) announced Monday.

The INEI attributed the growth to three converging forces: stable domestic prices, a favorable reduction in the exchange rate, and strengthening international prices for the country's core export commodities, according to an official press release.

The final quarter of 2025 maintained the upward trajectory, posting 3.2 percent growth. The INEI credited the expansion to rising private investment, stronger exports of goods and services, and sustained private final consumption.

Import activity also accelerated sharply in the fourth quarter, surging 11.6 percent. The increase was driven by higher purchases of automobiles, trucks, buses, industrial machinery, general-purpose equipment, and diesel fuel, the agency said.

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