75% of companies are postponing investments in Peru due to electoral uncertainty

Confidence to invest in Peru deteriorated in April from 3 points in February to 27 points in April, according to an SAE survey. The survey of 300 companies revealed that electoral uncertainty is the main reason for the decline in confidence. According to the survey, 75% of executives opted to postpone some short-term investment decisions. 4% decided to suspend their investment decisions indefinitely and 37% said they are likely to postpone their investments until after the second electoral round on 6 June.

Source: RPP