Peru: Business sentiment inches down in March
April 9, 2016
Business confidence came in at 46.4 points in March, according to the Central Bank’s business confidence indicator. The result is below the 46.7 points registered in February. Business confidence has been below the 50-point threshold that separates optimistic from pessimistic territory since July 2015.
Businesses’ opinions regarding the current economic situation and expectations for their sector in the next three months moderated over the previous month. However, opinions regarding product demand improved and reached the highest reading in five months.