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Published on Wednesday, May 7, 2025

Peru | Tracking consumption with real-time data in April 2025

Summary

The Big Data Private Consumption Index recorded a yoy growth of 11.6% in April, surpassing both the March figure (10.9%) and the result for the first quarter as a whole (Q1 2025: 8.7%).

Key points

  • Key points:
  • The indicator's performance occurred in a context where the labor market continues to show solid dynamics, characterized by increased formal job creation in the private sector, a reduction in underemployment, and wage growth. In addition, low inflation (1.7% in April) helped support households' purchasing power.
  • By spending components, April saw a broadly-based acceleration in yoy growth. Spending on Tourism and Entertainment stood out in particular. Only expenditures on Education and Residential Public Services registered yoy declines.

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Peru | Tracking consumption with real-time data in April 2025

Spanish - May 7, 2025

Authors

VB
Vanessa Belapatiño BBVA Research - Senior Economist
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