According to a BCRP survey, business expectations have recovered in the short and long term, but in the immediate future, distrust persists.
In June of this year, of the 18 indicators that make up the macroeconomic expectations collected by the Central Reserve Bank of Peru (BCRP), 13 were in the optimistic range, but those linked to the current situation were predominantly negative.
Although in the short (3 months) and long term (12 months) it is observed that no indicator linked to the economy, the sector, business situation, demand, staff hiring and investments is in the pessimistic field – that is, below 50 points – Business owners are aware that the present of their business, sales and demand still drags negativity (see table).
In detail, regarding the current business situation, respondents gave a score of 48 units, and in sales, 51 —two less than in May—; while in production, they reduced it from 55 to 50 —now in neutral territory— and in demand compared to expectations, they pointed out 38 units. They even fell from 51 to 48 in the item of purchase orders compared to the previous month.
On the other hand, this corporate wing of the market slightly improved its projections on the future of GDP for this year, now placing it between 2.6% and 3.0%. For 2025 and 2026, they estimate a rate of 2.8% and 3.0%.
Source: Larepublica
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