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

Summary

The Big Data Consumption Indicator showed a year-on-year expansion of 13.2 % in March, recording a slowdown compared to 18.7 % in February due to the lower momentum of pension fund withdrawals and price increases.

Key points

• Key points:
• Year-on-year inflation rose to 3.8 % in March, exceeding the upper limit of the Central Bank's target range, mainly due to rising fuel prices that directly affected purchasing power.
• Consumption was supported by the dynamism of the labor market and consumer confidence remaining in optimistic territory at 51 points.
• Spending on education and entertainment were the only components that did not slow down in March, driven by payments to universities and institutes, as well as the purchase of tickets for shows.
• Digitalization is progressing with a higher share of spending through cards and the online channel, while the use of cash maintains a relative decreasing trend in the total spending structure.

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