Peru private investment grows 17.6% in Q2 2026

Peruvian economy mining investment Free Trade Agreement mining exports private investment

Peru's economy is showing signs of robust recovery, with private investment growing 17.6% in the second quarter of 2026. This represents the highest growth rate for the sector since 2010, excluding the post-pandemic rebound. This expansion was largely driven by a 42.8% nominal increase in mining investment, supported by projects such as Tía María, Reposición Ferrobamba, and Romina, alongside ongoing operations at Antamina, Shougang, and Antapaccay.

Internal demand also expanded by 5.2% during the same period, marking ten consecutive months of growth. Private consumption rose by 3.7%, supported by a 4.1% increase in formal employment and a 10.6% expansion in consumer credit.

In the mining sector, exports reached US$36,007 million between January and May 2026, a 58.6% year-on-year increase. This growth is attributed to favorable international metal prices and demand from the energy transition and infrastructure sectors. Key minerals driving this include copper, gold, lead, and zinc.

Additionally, Peru and Hong Kong are set to implement a Free Trade Agreement (FTA) on September 1, 2026. The agreement will eliminate tariffs on approximately 98.3% of Peruvian export lines to Hong Kong, providing greater market access for sectors such as agro-exports, including grapes, blueberries, and avocados.

Entities

Antamina · Central Reserve Bank of Peru · Hong Kong · Ministry of Economy and Finance · Ministry of Foreign Trade and Tourism · National Institute of Statistics and Informatics · National Society of Mining, Oil and Energy · Peru

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Internal demand expanded by 5.2% in the second quarter, marking 10 consecutive months of growth. www.cajamarcanoticias.com · www.desdeadentro.pe · peruconstruye.net
[● 3 SOURCES] Private investment in Peru grew 17.6% during the second quarter of 2026. www.cajamarcanoticias.com · www.desdeadentro.pe · peruconstruye.net
[○ 1 SOURCE] Mining exports saw a 58.6% year-on-year increase compared to the same period in 2025. construnoticias.com
[● 3 SOURCES] The 17.6% growth rate is the highest since 2010, excluding the post-pandemic rebound. www.cajamarcanoticias.com · www.desdeadentro.pe · peruconstruye.net
[○ 1 SOURCE] Peruvian mining exports reached US$36,007 million between January and May 2026. construnoticias.com
[● 3 SOURCES] Private consumption grew by 3.7% in the second quarter of 2026. www.cajamarcanoticias.com · www.desdeadentro.pe · peruconstruye.net
[○ 1 SOURCE] The Free Trade Agreement between Peru and Hong Kong will enter into force on September 1, 2026. construir.com.pe
[● 3 SOURCES] Mining investment increased by approximately 42.8% nominally during the period. www.cajamarcanoticias.com · www.desdeadentro.pe · peruconstruye.net