Macchu Picchu Peru

Peru Business Confidence April 2021

Peru: Business sentiment tumbles into pessimistic territory in April

Business confidence slumped to 39.7 in April, down from March’s 51.2 and marking an eight-month low. As a result, the index fell below the 50-threshold, separating pessimism from optimism among businesses.

The downturn in firms’ expectations was broad-based in April, and likely driven by pre-election uncertainty and post-election concerns over a fragmented congress and a run-off presidential vote between two divisive candidates. As such, firms’ views regarding their sector, the labor market, future demand for their products, company investment and the company’s financial situation all fell, with all subindices dropping into pessimistic territory in the month, except for future demand expectations which remained neutral.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest