Peru: Consumer confidence declines in February
March 8, 2017
In February, the consumer confidence indicator published by APOYO Consultoría (AC) declined to 50 points (January: 53 points). The index is thus on the 50-point threshold that separates optimistic from pessimistic territory.
According to the survey, February’s result came on the back of households having a gloomier outlook on their financial situation. Participants also reported that the prospects of finding a job worsened compared to last month and that they continue to struggle covering their expenses due to elevated prices for certain food items.