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Peru President Humala’s Approval Rating Drops to 62%, Poll Says

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Oct. 16 (Bloomberg) -- Peruvian President Ollanta Humala’s approval rating fell to 62 percent from 65 percent in September, El Comercio reported, citing a poll by Ipsos Apoyo.

The Lima-based researcher questioned 1,200 people from Oct. 12-14. The poll, which was commissioned by El Comercio, had a margin of error of plus or minus 2.8 percentage points.

Since taking office July 28, Humala, a former army rebel and one-time ally of Venezuelan President Hugo Chavez, has distanced himself from a pledge made during the presidential campaign to renegotiate free-trade agreements with the U.S. and rewrite the constitution to boost state control of the economy.

Humala’s government negotiated an increase in mining royalties worth about $1.1 billion a year in September to finance increased spending on infrastructure. In the last month, Humala has enticed investment pledges from Brazil’s Votorantim Metais Ltda and Spain’s Repsol YPF SA totaling as much as $6.2 billion over the next five years.

Consumer confidence has risen since Humala won the June 6 runoff while business confidence has improved, though it remains below pre-election levels.

Two legislators from Humala’s Gana Peru party have been suspended since July 28 while congress investigates allegations of corruption against them.

Aida Garcia, Humala’s minister for women, this week faced calls from the opposition to step down following the death of three children who allegedly consumed contaminated food provided by the government.

Humala had 66 percent support in an Oct. 5-8 poll by Datum Internacional.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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