BCRP: most three-month expectations indicators recovered in February

BCRP: most three-month expectations indicators recovered in February

The Central Reserve Bank of Peru (BCRP) reported that most three-month business expectations indicators, five out of a total of six, recovered in February compared to January.

According to the BCRP’s Survey of Macroeconomic Expectations, the three-month forecast indicator for the sector rose from 49 points in January to 50 points in February. Meanwhile, the expectations of businessmen about the situation of their company turned from 50 to 52 points in this same period, passing from the neutral section to the zone of optimism.

As for the three-month demand indicator for its products, it rose from 51 to 53 points from January to February, within the section that denotes optimism. Likewise, the expectations of hiring personnel in this same period rose from 48 to 50 points. In relation to the investment index of its companies for three months, this increased from 45 to 49 points between January and February.

“Businessmen’s optimism about the economy in three months remained at 45 points in the reference months,” the BCRP specified.

Regarding the twelve-month expectations indicators, the six indices (national economy, sector where the company operates, company situation, demand for products, hiring of personnel and own investment) continued in the optimistic section.

Staff hiring remained stable at 56 points and your company’s investment at 54 points. The other four indicators (on the economy, the sector, company situation and product demand) showed some deterioration, but are still optimistic.

Source: Larepublica

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