Peru: Consumer confidence rises to over one-year high
February 1, 2016
In January, the consumer confidence indicator published by GfK increased from the 98 points tallied in December to 100 points, which marked the best result in over one year. The index now lies on the 100-point threshold that separates optimistic from pessimistic territory.
According to the survey report, consumers’ outlook regarding the country’s situation in the next 12 months improved in January. Consumers were also more optimistic about employment and savings prospects. In addition, consumer confidence was up in Lima.
Author: Carl Kelly, Economist