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Peru: Business expectations improve in July 2018

12:32 | Lima, Aug. 3.

Most business expectations indicators for the next 3 and 12 months improved in July this year compared to the previous month, the Central Reserve Bank's (BCR) latest Survey of Macroeconomic Expectations revealed.

BCR noted the recovery in expectations regarding the sector for the next 3 months, which rose from 57 points in June to 60 points in July.

The same indicator for the next 12 months stood at 67 points. 

Business' expectations concerning the economy for the next 3 months increased to 59 points in July, while expectations for the next 12 months recorded 69 points. 

Company situation expectations for the next 3 months increased to 62 points in July, while those for the next 12 months reached 71 points. 

Expectations on company product demand for the next 3 and 12 months stood at 63 points and 73 points, respectively. 

Personnel recruitment expectations reached 52 points for the next 3 months and 60 points for the next 12 months. 

In terms of companies' current situation, expectations concerning sales (59 points) and purchase orders (55 points) stood out as being optimistic.

Companies' current situation indicator stood at 56 points in July. 

The level of expected demand reached 46 points, while the production level decreased to 56 points, but it remains optimistic. 

(END) NDP/MDV/RMB

Published: 8/3/2018
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