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

Private consumption in Peru, measured by the Big Data Index, grew 9.0% year-on-year in October, a slight moderation from September. This progress is supported by credit growth and a robust labor market, although it is dampened by the erosion of purchasing power due to inflation (5.3%).

Key points

• Key points:
• Consumer confidence improved, rising from 48 points in September to a level close to 50 in October, thanks to a better perception of the family situation.
• Year-on-year consumption growth in October (9.0%) indicates a moderation at the beginning of the fourth quarter compared to previous quarters (9.5% in 3Q26 and 9.7% in 2Q26).
• The digitalization of consumption continues to rise. The share of card purchases in total spending increased from 73% to 77% year-on-year in October, and the online channel's share rose from 74% to 76%.
• By component, the consumption indicator was driven by spending on Food, Education, and Household Goods, while growth in Transport, Fashion and Beauty, Entertainment, and Tourism moderated, although it remained positive.

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