The Central Bank of Peru published an activity update showing the construction sector expanded by 8.9% in February 2026 compared with the same month a year earlier, driven mainly by stronger private works. Year to date, construction output increased by 12.3%. The release also recalls that the March Inflation Report raised the 2026 construction growth projection to 6.0% from 2.5%, citing the sector’s momentum since last year. Domestic cement consumption rose 11.5% in February, supported by higher dispatches from Unacem, including increased bulk cement sales, alongside higher shipments by Yura in the south and Pacasmayo in the north. Public works progressed by 1.5%, reflecting higher investment by regional and local governments, while national government investment moderated; by project type, spending rose mainly on road infrastructure and basic services and fell in risk-prevention works and non-residential buildings.
Central Bank of Peru 2026-04-26
Central Bank of Peru reports February construction growth of 8.9% and highlights a higher 6.0% 2026 projection
The Central Bank of Peru reported that construction activity grew 8.9% year-on-year in February 2026 and 12.3% year to date, driven mainly by stronger private works and an 11.5% rise in domestic cement consumption. The bank recalled that its March Inflation Report raised the 2026 construction growth forecast to 6.0% from 2.5%, while public works increased 1.5% on higher regional and local investment focused on road infrastructure and basic services.