Peru | Tracking consumption and investment with real-time data in April 2024

Summary

The Big Data Consumption and Investment Indicators anticipate that domestic demand would have recovered in the first quarter of the year and would have maintained the pace at the beginning of the second quarter (April).

Key points

• Key points:
• In April, the Consumer Big Data Index continued to expand (April: 4.0% YoY; March: +4.1% YoY). The sustained advance takes place in a context of improved labor market indicators (growth in labor income and sustained job creation, especially in Metropolitan Lima) and improved consumer confidence.
• The Big Data Total Investment Index returned to a positive YoY growth rate in April (April: +11.8% YoY; March: -2.4% YoY). This result reflects a favorable base effect (as investment is linked to productive activities, the number of working days is relevant, which was higher in April 2024 compared to the same month last year, due to Easter).

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