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    Published on Wednesday, September 6, 2023 | Updated on Wednesday, September 27, 2023

    Big Data techniques used

    Peru | Tracking consumption and investment with real-time data in August 2023

    Summary

    The Big Data consumption index continued its downward trend and recorded its sixth consecutive decline in August. Over the same period, the Big Data investment index recorded a YoY contraction.

    Key points

    • Key points:
    • Most components of the consumption index decelerated, in a context of slowing employment and falling income from formal jobs.
    • The digitization of consumer expenditure is solidifying: cash usage is decreasing, and online channels are growing.
    • The investment index, by components: both in Machinery and Equipment and in spending related to the construction sector, falls were observed.

    Geographies

    Topics

    Authors

    Vanessa Belapatiño BBVA Research - Senior Economist
    Hugo Perea BBVA Research - Chief Economist

    Documents and files

    Presentation (PDF)

    Seguimiento-al-consumo-e-inversion-con-datos-en-tiempo-real_Ago23-1.pdf

    Spanish - September 6, 2023

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