Home » Business » -PBI Slowdown in November: What Happened to Key Sectors?

-PBI Slowdown in November: What Happened to Key Sectors?

The Peruvian economy slowed down for the second consecutive ⁢month in November, growing by only 1.59%, according to the latest national production report from the National Institute of Statistics and ​Informatics (INEI).

The growth ⁤of⁤ the Gross Domestic Product (GDP) achieved in November is not ​only below what​ was reported in September (4.23%) and⁢ October (3.98%), but ‌it is also‌ the second lowest growth⁤ rate‌ of 2025 to date (April: 1.43%).

Moreover, in that month, a setback was observed in​ the production of six economic activities.

The‌ result achieved only exceeds what was recorded in April, ‍when national production‌ grew by only 1.43%. (Image: INEI)

ALSO READ: ⁤Economy still ‌”saved”⁢ from impact by the elections.

Peruvian Fish Catch Declines in 2025

peru experienced a⁢ decrease in fish extraction for both indirect human consumption, ‌such as anchoveta used for fishmeal and oil, and direct human consumption in fresh, frozen, and cured forms during 2025.

Anchoveta Catch Reduction

The anchoveta fishery, a⁤ key component of Peru’s ‍fishing industry, saw reduced⁣ catches in 2025. Anchoveta ‍is ⁣primarily processed into fishmeal and fish oil, used extensively in animal feed, especially for aquaculture and livestock. This decline impacts the supply chain for​ these products.

According to Gestion, the⁣ 2025 anchoveta season was ⁣nearing its Also to be considered: as of ‌January⁢ 16, 2026, signaling a shorter and less productive fishing period.

Decline in Direct Consumption Species

Alongside⁤ the ⁤anchoveta reduction, ⁤catches of species intended⁤ for direct human consumption – in fresh, frozen, and ⁢cured states – also decreased in ⁤2025.⁤ This⁢ affects the availability and perhaps the price of popular seafood choices within Peru and for export.

The specific species impacted and the magnitude⁤ of the decline in direct consumption catches were not detailed in the source ‍material, ⁤but the overall trend indicates a broader ⁤challenge for Peru’s fishing sector.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.