Peru Consumer Confidence December 2015

Peru

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.

Panelists surveyed for this month’s LatinFocus report expect total consumption to expand 3.4% in 2016, which is unchanged from last month’s estimate. For 2017, panelists expect total consumption to grow 3.7%.


Author:, Economist

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Peru Consumer Confidence January 2016 0

Note: Consumer Confidence Index (ICC, Indice de Confianza del Consumidor). Values above 100 indicate optimistic consumer sentiment while values below 100 indicate pessimistic sentiment.
Source: GfK Peru.


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