Peru’s economy, which contracted in H1 2023, shows potential recovery signs, stated the nation’s finance chief. The country’s GDP decreased by 0.56% in June, marking two consecutive quarters of decline. Factors like anti-government protests and unfavorable weather conditions impacted growth. However, the minister indicated promising early data for July and August, despite significant drops in the fishing and manufacturing sectors. Contrarily, the mining and oil industries saw 16% growth.