The Index of consumption Real and seasonally adjusted BCP shows a strong deceleration and as of September 21, it is at its lowest level since May 2022, with 100 points.
This indicator collects transactions through BCP credit and debit cards, as well as data on traffic congestion, chicken sales, food consumption, use by delivery applications, among others.
The bank explained that a peak was reached in July due to the cash availability of AFP funds and the CTS.
Regarding the latter, the analyst Juan Carlos Odar explained that the effects of these extraordinary factors are already being diluted.
In that sense, he specified that now there is a lower purchasing power. The challenge, he explained, is to improve the dynamics of consumption “and the best way to do it is with quality employment”. If mechanisms are not sought, he explained, the possibility of the economy growing below 2% next year opens up.
Exports
On the other hand, Scotiabank reported that it reduced its projection of the surplus in the trade balance for 2022, going from US$15,575 million to US$11,349 million.
The banking entity indicated that a deficit of US$149 million was observed in July, the first negative monthly figure since May 2020.
