Peru Consumer Confidence January 2017

Peru

Peru: Consumer confidence cools slightly in January

January 27, 2017

In January, the consumer confidence indicator published by APOYO Consultoría (AC) declined to 53 points (December: 54 points). Nonetheless, the index remained above the 50-point threshold that separates optimistic from pessimistic territory.

According to the survey, consumer sentiment was only marginally lower than in December. Respondents were less upbeat about both their current financial situation and the latest price developments, with higher prices for certain food items and energy products weighing on the household budget.

Panelists surveyed for this month’s LatinFocus report expect total consumption to expand 3.7% in 2017, which is unchanged from last month’s estimate. For 2018, panelists foresee total private consumption growing 3.6%.


Author: Marlène Rump, Senior Data Analyst

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Peru Consumer Confidence January 2017 0

Note: Consumer Confidence Index (ICC, Indice de Confianza del Consumidor). Values above 100 indicate optimistic consumer sentiment while values below 100 indicate pessimistic sentiment.
Source: APOYO Consultoría.


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