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Peru: Business expectations improved in January 2019

09:00 | Lima, Feb. 9.

Some of the business expectation indicators for the next three months improved in January 2019 but all of them remained in optimistic territory, due to the economy's recovery in the fourth quarter of last year, Central Reserve Bank's (BCR) latest monthly survey revealed.

Likewise, most current situation indicators improved compared to the previous month. 

"This (the economic recovery in the fourth quarter of 2018) has resulted in favorable business expectations," BCR Economic Studies Central Manager Adrian Armas expressed. 

Economy 

Furthermore, company situation, product demand, and personnel recruitment indicators for the next three months saw a recovery. 

Company situation expectations for the next three months increased from 58.9 in December 2018 to 60.6 points, while the 12-month indicator remained at 70.9 points. 

(END) ECS/JJN/DTK/RMB 

Published: 2/9/2019
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