Peru: Consumer confidence improves in April
May 8, 2015
In April, the consumer confidence indicator published by APOYO Consultoria increased to 56 points from March’s 53 points. April’s reading is the highest seen so far this year and the index is now a bit further above the 50-point threshold that separates optimistic from pessimistic territory. However, despite the improvement, the survey report emphasized that the result should be interpreted with caution as it remains to be seen if the recovery in consumer confidence will continue in the coming months.
Household’s views regarding their current and expected economic situations were more positive in April compared to March. Perceptions regarding conditions for finding employment also increased. Optimism regarding the overall economy increased among households in the higher-income brackets, while optimism levels among the low-income groups were broadly stable.
Author: Carl Kelly, Economist