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OUR PERSPECTIVE

Political outlook

January was marked by social upheaval and intensification of violence at a national level, especially in the south of the country. Thediversity of actors has hindered the government from identifying valid spokespersons to enter into conversation and negotiate with and, to date, havenotmanaged to calm down the exacerbated state of affairs.

Economic Outlook

During 2023, economic growth will be sustained by mining production (due to the first complete year of commercial operations of Quellaveco) and the pending recovery of services most affected by the pandemic.

Indicca

Luego del primer año de gobierno del presidente Castillo, en julio de este año, el Índice de Confianza del Consumidor para Lima Metropolitana de APOYO Consultoría e Ipsos (Indicca) alcanzó un nuevo mínimo histórico ubicándose en 31 puntos.

Encuesta Ipsos

La última encuesta encargada por APOYO Consultoría a Ipsos Perú sobre la percepción de desarrollo y situación económica del país reveló que 2 de cada 3 peruanos perciben que el Perú está retrocediendo. Este es el mayor porcentaje registrado en los últimos 31 años.

Economic Outlook

There are three recent dynamics that are defining the business environment. First, mining production has continued its downward trend in 2Q2022. Second, the purchasing power of the majority of families has deteriorated. Third, investment has been affected by the high political insecurity and the deterioration of public management.

Political outlook

This month has been marked by key milestones which are making the Government’s position more vulnerable, only eleven months into term. Among these, the fragmentation of the leading party’s Members of Congress, which is weakening the President’s capacity for negotiation in Congress, and the progress in the investigations by the Public Prosecutor into the president and his circle.

Sondeo

El último sondeo SAE, realizado entre el viernes 3 y martes 7 de junio, refleja la fuerte presión que enfrenta el sector privado tanto por el lado de la oferta como por el lado de la demanda.

Political outlook

Last month, new appointments were made in constitutionally and regulatory autonomous entities and in the Executive, favoring the balance of power. On the one hand, the election of the Constitutional Court judges and the appointment of the presidents of regulatory bodies show signs of stability, on the other hand, the appointments to the Cabinet send out ambiguous signals.

Economic outlook

May saw an increase in concerns about global growth decelerating even further, for three main reasons.

Political Outlook

The political environment in February was marked by the revelation of alleged cases of corruption in the presidential circle and by the swearing in of two Cabinets in less than two weeks.

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