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Humala’s Approval Rating Rises to Four-Month High, Poll Shows

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Feb. 10 (Bloomberg) -- Peruvian President Ollanta Humala’s approval rating rose to a four-month high amid optimism the Andean nation will withstand the global slowdown, an opinion poll showed.

Humala’s approval rating climbed 8 percentage points from January to 58 percent, according to the Feb. 3-7 poll by Datum Internacional, which was published in Lima-based newspaper Peru21 today.

The rating slumped 22 percentage points in the fourth quarter as the economy slowed and street protests led Newmont Mining Corp. to suspend its $4.8 billion gold project, clouding the outlook for investment as global demand slows. The economy expanded faster than expected in December as the government pumped up public investment as part of a $3.5 billion stimulus package, Finance Minister Miguel Castilla said Feb. 7.

Humala, who took office July 28, courted investors in Madrid last month and at the World Economic Forum in Davos as he seeks to spur investment in energy and infrastructure projects.

Of those surveyed, 65 percent thought the visit to Madrid will attract more investment to Peru, Datum said.

The company questioned 1,211 people and the poll had a margin of error of plus or minus 2.9 percentage points.

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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