Regulatory Alerts2026-08-14
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Study Note No. 56: Report on the Monthly Survey of Macroeconomic Expectations: July 2026
The Central Bank of Peru conducted the Monthly Survey of Macroeconomic Expectations in the second half of July 2026 among a representative sample of companies, financial institutions, and economic analysts. The survey results indicate that inflation expectations for 2026 rose to a range of 3.00% to 3.85%, while GDP growth expectations for 2026 remained between 3.1% and 3.3%. Exchange rate expectations for the end of 2026 decreased to a range of S/ 3.35 to S/ 3.40 per dollar, and reference interest rate expectations for 2026 and 2027 remained stable at 4.25%. Business sentiment indicators generally improved in July, with most current situation and expectation indicators rising and remaining in the optimistic range.
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