Peru: Consumer confidence inches up in July
August 3, 2016
In July, the consumer confidence indicator published by GfK inched up from June’s 109 points to 110 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 their finances and savings in the next 12 months remained virtually unchanged, but their expectations of higher employment in the year ahead rebounded from a sharp drop recorded in June. Households’ views on the economic outlook for Peru improved slightly and, according to GfK, a majority of Peruvians see the economy remaining steady in the coming months.