Peru Consumer Confidence

Peru

Peru: Consumer confidence falls in June

July 11, 2012

The June consumer confidence indicator (INDICCA) published by APOYO Consultoria dropped to 53 points, following on two consecutive monthly rises. Despite the drop, consumer sentiment remains above the 50-point threshold that separates optimism from pessimism. According to APOYO, respondents to the June survey revealed a less positive assessment about the current economic situation and future economic prospects compared to the previous month. By socio-economic levels, the fall in consumer sentiment was broad-based, particularly in low-income households. In addition, consumers' perception of current labour market conditions and future jobs prospects deteriorated over the previous month. The survey also showed that consumers judged less positively to embark in purchases of major goods in the current economic environment.


Author:, Senior Economist

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Peru Consumer Confidence June 2012

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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