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Published on Saturday, July 8, 2023 | Updated on Wednesday, July 12, 2023

Big Data techniques used

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

Summary

The Big Data Consumption Index registered a YoY decline once again in June, while the Big Data Investment Index accelerated its growth.

Key points

  • Key points:
  • All components of the consumption index decelerated, in a context of slowing employment and falling income from formal jobs.
  • The digitalization of consumer spending has accentuated: the use of cash is decreasing and the online channel gains in importance.
  • The better result of the investment index occurred in a context of lower political tensions and greater public investment, and despite the fact that business confidence remains pessimistic.
  • The improvement in purchases linked to the Construction sector stood out, while the Machinery and Equipment sector remained weak.

Geographies

Topics

Documents and files

Presentation (PDF)

Seguimiento-al-consumo-e-inversion-con-datos-en-tiempo-real_Jun23-1.pdf

Spanish - July 8, 2023

Authors

VB
Vanessa Belapatiño BBVA Research - Senior Economist
HP
Hugo Perea BBVA Research - Chief Economist
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