Peru | Tracking consumption with real-time data in August 2026

Summary

Peru's Big Data Private Consumption Index showed a year-on-year growth of 10.2% in August, the highest rate in three months. This evolution occurs in a context of high inflation but is supported by improving consumer confidence, a strong labor market, and the advancement of spending digitalization.

Key points

• Key points:
• Seasonally adjusted, private consumption rose by 2.6% month-on-month in August. Growth in the third quarter so far (July-August) is normalizing at 9.5% year-on-year.
• Consumption growth occurs despite high year-on-year inflation, which stood at 4.4% in August. However, consumer confidence continued to improve, rising from 51 to 52 points during the month.
• Spending accelerated in August in components such as Entertainment, Health, and Tourism, sustaining the momentum of overall consumption.
• The digitalization of spending is advancing: the share of card purchases in total spending reached 77% in August 2026, while the share of the online channel within total purchases reached 76%.

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