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

Summary

In December, the Big Data Consumption index registered its first expansion (+2,6% YoY), something that had not occurred since February. During the same period, the Investment Big Data Index showed an increase for the third consecutive month (+4.3% YoY).

Key points

• Key points:
• The improvement in the consumption index was widespread across components. Expenditures related to Food and Education accelerated their expansion, within a context of better performance in formal wage income and consumer confidence.
• The digitization of consumer spending is consolidating: the use of cash is decreasing, while online channels are experiencing growth.
• The investment index, by component: the performance of purchases from companies producing goods (intermediate and capital) and services related to Construction stands out in the index. In contrast, the Machinery and Equipment component continues to contract.

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