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

Summary

The Big Data Consumption Index maintained a good performance in July, in an environment of lower inflation and interest rates, and the continuation of provisional fund withdrawals. On the other hand, the Big Data Investment Indicator continued to contract in July, though at a more limited pace.

Key points

• Key points:
• The evolution of the Big Data Consumption Index showed that household spending maintained a strong performance in July (13.5% in June; 13.2% in July), suggesting a consolidation in the recovery of household consumption so far this year.
• By spending components, there was an acceleration in the growth of expenditures related to Education, Health, Entertainment, and Home.
• The contraction of the Investment Index occurred in an environment where public investment continued to grow, which suggests to us that the private sector would remain weak.

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