Peru Business Confidence


Peru: Businesses optimism continues into January

February 15, 2014

In January, businesses confidence remained at December's 59 points according to the Central Bank's business confidence indicator. This marks the fifth consecutive month in which the indicator is above the 50-point threshold that separates optimism from pessimism.

Expectations for demand conditions in the next three months as well as for sector expectations for the next three months improved in January. Businesses were slightly more pessimistic about their current situation, however, as sentiment regarding current sales, inventories and purchase orders deteriorated with respect to the previous month.

FocusEconomics Consensus Forecast panelists expect fixed investment to grow 6.9% this year, which is down 0.4 percentage points from last month's forecast. For 2015, panel participants see investment growing 7.6%.


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Peru Business Confidence Chart

Peru Business Confidence January 2014

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

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