Peru | Real-time analysis of the impact of COVID-19 on consumption (up to August 18)

Summary

The card-consumption indicator remains positive during the first weeks of August, although with a slowdown in the third week, in line with the return of mandatory confinement measures on Sundays.

Key points

• Key points:
• Card spending on home goods and services remains significant. The increase in entertainment subscriptions stands out, as well as the moderation in supermarket spending.
• In addition, there is a continued recovery in transportation-related spending such as fuel, taxis, and car maintenance in line with the end of mandatory confinement (June 30) and the start of Phase 3 of the resumption of economic activities (July 1).
• In sectors such as tourism and entertainment, spending levels are still lagging behind, because these activities continue to have low operational levels.
• Cash withdrawals remain below the levels observed in the previous year.

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