Peru Business Confidence November 2018

Peru

Peru: Business confidence improves in November

January 10, 2019

The business confidence indicator rose to 55.5 in November from October’s 52.4, thus moving further above the 50-point threshold that separates optimism from pessimism.

A broad-based improvement in sub-indexes drove the increase in business sentiment. Expectations on the near-term general economic situation improved, as did expectations on demand in the next three months. Moreover, firms had more favorable assessments regarding the current business situation, as well as the development of both sales and order books compared to the previous month. On the other hand, expectations on the sector’s near-term situation deteriorated slightly.

Peru Fixed Investment Forecast


Panelists expect fixed investment to contract 3.9% in 2019, which is unchanged from last month’s forecast. For 2020, panel participants see investment growing 3.6%.


Author: Massimo Bassetti, Economist

Sample Report

Looking for forecasts related to Business Confidence in Peru? Download a sample report now.

Download

Peru Business Confidence Chart


Peru Business Confidence November 2018

Note: Business Confidence Index (Indice de Confianza Empresarial). Values above 50 indicate an optimistic assessment of the business climate while values below 50 indicate a pessimistic assessment.
Source: Peru Central Bank (BCRP).


Peru Economic News

  • Peru: Economic activity growth cools in January

    March 15, 2019

    Economic activity expanded 1.6% year-on-year in January, decelerating sharply from December’s strong 4.7% increase and marking the weakest reading in over one year. Growth came on the back of resilient consumer spending, as well as a strong expansion in non-traditional exports.

    Read more

  • Peru: Inflation broadly stable in February

    March 8, 2019

    Consumer prices in Metropolitan Lima increased 0.13% over the previous month in February, slightly up from January’s 0.07% month-on-month rise.

    Read more

  • Peru: Trade surplus narrows in January on falling exports

    March 8, 2019

    Peru’s trade balance recorded a USD 374 million surplus in January, narrowing from December’s USD 1.1 billion surplus and lower than the USD 684 million surplus recorded in the same month of last year. Exports declined 6.2% year-on-year in January, following December’s sharper 7.4% fall.

    Read more

  • Peru: Consumer confidence surges in February

    March 8, 2019

    The consumer confidence indicator published by GfK jumped to 104 in February from 93 in January, marking the best result in over two years.

    Read more

  • Peru: Business confidence moves further into optimistic territory in February

    March 8, 2019

    The business confidence indicator ticked from January’s 58.0 to 59.0 in February, and thus moved further above the 50-point threshold that separates optimism from pessimism, where it has been for almost two years. A broad-based albeit limited improvement in short- and longer-term expectations was behind the positive development.

    Read more

More news

Search form