Peru Consumer Confidence

Peru

Peru: Consumer confidence falls in July

August 2, 2011

In July, the consumer confidence indicator (INDICCA) published by APOYO Consultoria fell to 54 points from 57 points in June, reversing three consecutive months of improving sentiment. As a result of the monthly drop, the index moved closer to the 50-point threshold that separates optimism from pessimism. The fall in the overall consumer confidence indicator reflected a majority of consumers displaying a more negative assessment about the current economic situation and consumers were less upbeat about future economic prospects. Consumer confidence deteriorated in all socioeconomic categories, but was most evident amongst those in the medium and upper socioeconomic levels. Moreover, the price increases in July were noticed by consumers, with the sub-indicator of current prices deteriorating notably in July, down 5 points to 46 points. In addition, the sub-index of future prices reversed the upward trend that began in April and fell by 5 points in July (65 points), suggesting that consumers anticipate higher prices over the next 12 months. Furthermore, in July households' intentions regarding the future purchase of major durable goods deteriorated over the previous month, suggesting less positive conditions in consumer demand over the coming months.


Author:, Senior Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Peru? Download a sample report now.

Download




Peru Economic News

  • Peru: Central Bank stands pat at June meeting

    June 13, 2019

    At its monetary policy meeting on 13 June, the Central Bank of Peru (BCRP) kept the policy interest rate unchanged at an eight-year low of 2.75%, matching market expectations.

    Read more

  • Peru: Business confidence at its lowest in seven months

    June 7, 2019

    The business confidence indicator declined from April’s 55.9 to 52.9 in May, but nevertheless remained above the 50-point threshold that separates optimism from pessimism, where it has been for over two years. May’s decline came on the back of worse assessments of current conditions, and of less rosy expectations on the economy as a whole and on the situation of the company.

    Read more

  • Peru: Trade surplus at six-month low in April

    June 7, 2019

    Peru’s trade balance recorded a USD 259 million surplus in April, narrowing from March’s USD 471 million surplus as well as from the USD 340 million surplus recorded in the same month of last year. Exports dipped 2.3% year-on-year in April, due to lower prices more than offsetting higher quantities, following March’s much sharper 10.7% plunge.

    Read more

  • Peru: Inflation at 20-month high in May

    June 3, 2019

    Consumer prices in Metropolitan Lima rose 0.15% over the previous month in May, down from April’s 0.20% month-on-month rise.

    Read more

  • Peru: Growth sinks to two-year low in Q1

    May 27, 2019

    GDP growth in the first quarter of the year fell to 2.3%, which was less than half Q4 2018’s 4.7% expansion and marked the slowest increase in two years.

    Read more

More news

Search form