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

The Big Data Consumer Index grew for the fifth consecutive month in May, in an environment of lower inflation and interest rates, while the Big Data Investment Index contracted.

Key points

• Key points:
• Regarding the consumption indicator, the deterioration of some labor market indicators (national formal employment receding while real incomes are stagnant) and the reduction in consumer confidence may be limiting greater dynamism.
• The deceleration of the Big Data Investment Index in the second quarter of 2024 (April and May) occurred, in part, because the favorable base effect of the beginning of the year is no longer present. In addition, it would reflect a moderation in the growth of public investment.

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