# Poorer anchovy fishing drags on Peru's GDP - Undercurrent News

> Poorer anchovy fishing weighed on Peru's GDP, according to reporting from Undercurrent News. The shortfall in the country's main fishery reduced economic output.

- Date: 2022-10-17 · published 2022-10-17T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/39045-poorer-anchovy-fishing-drags-on-peru-s-gdp-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Weak anchovy catches tighten fishmeal supply, which supports protein meal prices, though the effect depends on how the season recovers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2022/10/17/perus-gross-domestic-product-up-for-2022-but-harvesting-lags/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.