The market's overwhelming consensus on 70-75% turnout stems from Peru's April 12 first-round presidential vote, where preliminary tallies from the National Office of Electoral Processes placed participation by the 27.3 million registered voters squarely in that range. High political fragmentation across 35 candidates, combined with persistent public distrust and mandatory voting rules that still produce notable abstention in rural and overseas districts, aligned with historical turnout patterns from prior general elections. Final certification by the National Jury of Elections could incorporate remaining rural ballots or adjustments for invalid votes, but current data indicate minimal scope for deviation beyond this band.