Business expectations improved once again in Peru last October, marking two months of consecutive growth, the Central Reserve Bank's (BCR) latest Survey on Macroeconomic Expectations revealed on Friday.
According to the survey,
business expectations concerning the economy for the next 3 months increased from 46.8 to 47 points. The indicator stood at 45.2 points in August.
Meanwhile, companies' 12-month ahead expectations stood at 57.4 points in October.
Likewise, 3-month ahead expectations regarding the sector went up from 50.1 to 50.5 points, while expectations for the next 12 months rose from 60.0 to 60.4 points.
Company situation expectations for the next 3 months remained unchanged at 54.4 points, whereas those for the next 12 months increased to 66.4 from 66.1 points.
Meanwhile, 3-month ahead expectations on company product demand decreased to 55.1 points, while those for the next 12 months expanded to 67.3 points.
Finally, personnel recruitment expectations for the next three months grew from 47.9 to 48.0 points, and the 12-month ahead expectations stood at 53.4 points.
(END) RGP/RMB/MVB
Published: 11/8/2019