Peru | Tracking consumption with real-time data in April 2025
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.
Geographies
- Geography Tags
- Latin America
- Peru
Topics
- Topic Tags
- Consumption
Tags
Authors
Vanessa Belapatiño
BBVA Research - Senior Economist
Documents and files
Presentation (PDF)
Peru | Tracking consumption with real-time data in April 2025
Spanish - May 7, 2025