Retail sales would approach S/55,000 million

The retail sales They would approach S/55,000 million this year, which would grow around 4%, Scotiabank revealed. It should be noted that the entity estimated that at the end of 2025 the amount would have reached S/52.5 billion.

The Spanish operator completed the sale of 100% of Telefónica Chile to NJJ Holding and Millicom as part of its restructuring strategy and focus on key markets.

“We expect a positive evolution of retail sales in the first quarter, continuing with the trend of the fourth quarter of 2025. However, during the second quarter of 2026 there would be a certain slowdown due to the holding of the general elections in April, which usually generates greater caution among consumers,” he indicated.

These projections respond to greater dynamism that formal employment would have, in line with the growth of private investment, as well as low inflation and a dollar that would still remain below previous years.

CONFIRMED FIGURES

Scotiabank reported that the retail sector grew 4.7% as of November 2025 due to employment growth, the greater purchasing power of people, the appreciation of the sun and access to extraordinary funds such as the CTS and the AFP.

At a disaggregated level, sales in supermarkets stood out, due to the greater demand for food and beverages. Better dynamism was also observed in commerce in department stores due to the increase in demand for clothing and footwear.

“Sales of home improvement products also increased, given the greater dynamism of the real estate sector – new mortgage loans grew 22% in 2025, according to the SBS – and lower average prices – the construction materials price index fell 1.8% in 2025, according to the INEI -“, the entity stated.

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