Peru's Central Reserve Bank (BCRP) governor Julio Velarde said on the 18th that El Nifio impacts have exceeded expectations, prompting the BCRP to lower its 2026 GDP growth forecast from 3.4% to 3.2%. Speaking while presenting the September 2026 inflation report, Velarde said the probability of a stronger climate event has risen and the bank has downgraded growth prospects for the primary sector, notably fisheries and agriculture.(金十)