Peru Business Confidence Falls to 2-Year Low as Radical Candidate Nears Runoff

1 articles · Updated · Bloomberg · May 12

April short-term business confidence in Peru dropped to its lowest level in almost two years, according to a central bank report released this month.
The slide reflects mounting uncertainty from a chaotic presidential election, where a radical candidate has edged closer to reaching the runoff after a prolonged vote count.
Peru’s market stress has spread beyond sentiment, with the country’s bonds and currency lagging regional peers in recent weeks.
The downturn underscores how political instability is weighing on investment expectations as Peru heads deeper into an unsettled election cycle.

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