El Niño Cuts Peru 2027 Growth Forecast to 3.2%; Infrastructure Lag Compounds Risk

Peru's IPE lowered its 2027 GDP projection to 3.2% citing prolonged El Niño impacts on fishing, agriculture, and exports. As of October 11, only 28% of 536 prioritized government infrastructure points have work in progress, amplifying vulnerability. The forecast is an estimate; actual damage depends on El Niño intensity and infrastructure execution.