Peru Consumer Confidence


Peru: Consumer confidence improves in November

November 20, 2013

In November, the consumer confidence indicator published by APOYO Consultoria increased to 52 points (October: 50 points). As a result, consumer sentiment now rests above the 50-point threshold that separates optimism from pessimism.

The print reflects improvements in all but one component of the indicator. The largest increase was registered in consumers' perceptions of the country's economic situation. The only component that did not improve was consumers' perception regarding an improvement in household conditions, which remained at October's level. At a socioeconomic level, the largest improvement was seen in the highest income brackets, whereas confidence of consumers in the lowest income bracket didn't change.

FocusEconomics Consensus Forecast panelists expect total consumption to expand 5.3% this year, which is down 0.2 percentage points from last month's estimate. For 2014, panelists expect total consumption to grow 5.3%, which is unchanged from last month's projection.


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Peru Consumer Confidence Chart

Peru Consumer Confidence November 2013

Note: Consumer Confidence Index (INDICCA). Values above 50 indicate an optimistic assesment in consumer sentiment while values below 50 indicate a pessimistic assesment.
Source: APOYO Consultoria.

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