Peru's private investment deals with sharpest decline considering that 1999 amidst economic and political difficulties

INSUBCONTINENT EXCLUSIVE:
half since 1999.As economic sentiments remain guarded locally, private investment has recorded three successive quarters of decline.Economic
experts predict the second quarter of 2023, set to be revealed soon, will follow the trend.Excluding pandemic-related data, private sector
initial semesters.Peruvian soles
2021 have further dampened short-term investment prospects.While slight improvements have surfaced recently, optimism remains scarce.Eduardo
overarching trends.Despite less pessimistic outlooks for H2 2023, experts predict a year-end with an overall negative trajectory.Confidence
among business leaders and recent positive shifts, especially in sectors closely linked to investments, could act as silver linings, hinting
at potential turnarounds by December.Juan Carlos Odar, Director of Phase Consultores, highlighted a glimmer of hope in rising capital goods
the H2 2023 decline to be milder than H1, hoping for a revival, especially in the non-mining investments.