Peru latest publications
In November, the Consumer Price Index increased by 0,52%. With this outcome, inflation increased from 1,7% in October to 2,1% in year on year terms, mainly explained by supply factors.
November 26, 2020
Peru | Real-time analysis of the impact of COVID-19 on consumption (up to November 23)
In November, total card consumption grew 13,7% MoM (18,9% in October), consistent with the progress of the country’s economic recovery.
The data corresponding to the third quarter shows a smaller output contraction in line with the recovery following the pandemic, higher public deficit due to the fiscal effort to mitigate the impact and a lower current account deficit.
November 16, 2020
Peru | Normalisation of economic activity continues, surprising positively in September
Output fell by 6,9% YoY in September. Available indicators for October suggest that the normalisation of economic activity has continued. Accelerating this process will require, among other things, both limiting sanitation and political uncertainty and boosting public investment.
The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in November. The Bank renewed its commitment to maintain a strongly expansive stance for a prolonged period and revised upward its inflation outlook yet again.
November 6, 2020
Global | The COVID-19 impact on Consumption in Real Time and High Definition: Nov 6th
Positive growth rates continued in Turkey, USA and Mexico during October. The positive trend intensified in Peru, while moderated in Spain. This recovery is uneven across sectors and countries. While entertainment expenditure recovered faster in developed countries and Turkey, transport spending did it in Latam countries.
In October, the Consumer Price Index increased by 0,02%. With this outcome, inflation in year-on-year terms fell from 1,8% in September to 1,7%, thus remaining relatively stable in recent months.
October 29, 2020
Peru | Real-time analysis of the impact of COVID-19 on consumption (up to October 26)
In October, total card consumption grew 17,0% compared to the same month in 2019 (10,2% in September), consistent with the beginning of Phase 4 of the economic reactivation (started on October 1st).