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Published on Saturday, August 8, 2026

Big Data techniques used

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

Summary

Consumption in Peru grew 8.9% year-on-year in July. This advance is supported by a strong labor market and credit, despite inflation. Spending digitalization continues to rise, with intensive use of cards and online channels.

Key points

  • Key points:
  • The Big Data Private Consumption Index showed year-on-year growth of 8.9% in July, a rate similar to that recorded over the previous two months, moving away from the decelerating trend observed following the positive impact of extraordinary pension fund withdrawals.
  • The economic environment shows high year-on-year inflation (4.1% in July), although consumer confidence returned to optimistic territory, reaching 51 points.
  • The digitalization of spending is intensifying: in July 2026, card purchases accounted for 76% of total spending, and the online channel's share was 76% of purchases.

Geographies

Documents and files

Report (PDF)

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

Spanish - August 7, 2026

Authors

Vanessa Belapatiño
Vanessa Belapatiño Senior economist for Peru
BBVA Research
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