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Published on Tuesday, December 12, 2023

Big Data techniques used

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

Summary

In November, the Big Data Consumption index registered a new YoY contraction, although lower than in previous months. In the same period, the Big Data Investment index grew YoY for the second consecutive month.

Key points

  • Key points:
  • Most components of the consumption index contracted with the exception of Food and Education spending, in a context of a slowdown in employment.
  • The digitization of consumer expenditure is solidifying: cash usage is decreasing, and online channels continue to grow.
  • The investment index, by component: recovery of purchases from companies that produce goods (intermediate and capital) and services related to Construction. In contrast, the Machinery and Equipment component remained weak.

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Documents and files

Presentation (PDF)

Seguimiento-al-consumo-e-inversion-con-datos-en-tiempo-real_Dic23.pdf

Spanish - December 12, 2023

Authors

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