Peru: Consumer confidence improves in August
September 9, 2016
In August, the consumer confidence indicator published by GfK increased from July’s 110 points to 113 points. As a consequence, the index remains above the 100-point threshold that separates optimistic from pessimistic territory.
According to the survey, consumers’ assessment of all components was more upbeat in August. Households’ views on the economic outlook for Peru improved significantly and a majority of Peruvians see the economy improving in the coming months. Consumers indicated that they expect their finances and savings in the next 12 months to improve mildly and they were also more optimistic regarding the employment level in the year ahead.