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Peru Consumer & Retail Report Q4 2017

Peru Consumer & Retail Report Q4 2017

BMI View: Despite near-term economic challenges, stemming from extreme flooding and delays to key infrastructure projects, we believe the outlook for Peru's consumer environment will improve over the second half of 2017 and into 2018. Falling inflation, combined with lower interest rates and reforms aimed at stimulating the economy, will strengthen the confidence and spending power of consumers over the coming quarters.

Widespread flooding in March/April 2017 - among the worst to hit Peru in the last century - caused severe economic damage and will dampen our previously optimistic outlook for consumer spending in Peru in 2017. About 3,231km of national roads were damaged in the floods and an estimated 700,000 people were left homeless. A significant number of retailers and shopping centres were also forced to close, in some cases for several weeks. Coupled with delays to planned infrastructure projects, the pace of economic activity has slowed considerably over the first half of 2017. As a result, our Country Risk team have revised down Peru's real GDP forecast to 2.8% from 4.0% for 2017; while private consumption will grow by a modest 1.8% y-o-y in 2017, down from 3.4% in 2016.


BMI View
Consumer Outlook
SWOT
Consumer SWOT
Industry Forecast
Consumer Spending
Total Household Spending
Table: Total Household Spending (Peru 2015-2021)
Essential/Non-Essential Spending
Table: Essential and Non Essential Spending (Peru 2015-2021)
Food, Drink And Tobacco
Table: Food and drinks (non-alcoholic, alcoholic and tobacco) spending (Peru 2015-2021)
Clothing & Footwear
Table: Clothing and Footwear Spending (Peru 2015-2021)
Household Goods
Table: Household Goods Spending (Peru 2015-2021)
Personal Care And Effects
Table: Personal Care and Effects Spending (Peru 2015-2021)
Tourism Spending
Household Characteristics
Table: Household Income Data (Peru 2014-2021)
Table: Peru Labour Market Forecasts
Demographic Forecast
Table: Total Population (Peru 2014-2021)
Market Overview
Retail Trends
Clothing & Footwear
Table: Selected Clothing & Footwear Retailers
Household Goods, Homeware & Home Improvement
Table: Selected Household Goods, Homeware & Home Improvement Retailers
Electronics
Table: Selected Electronics Retailers
Department Stores
Table: Selected Department Stores
E-Commerce
Table: Selected E-Commerce Retailers
Pharmacies
Table: Selected Pharmacies
Shopping Centres & Malls
Glossary
Methodology
Industry Forecast Methodology
Sources

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