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By components, spending on goods fell (-)1.4%, while spending on services fell (-)1.0%; the slowdown in retail sales is consistent with the lower dynamism that formal employment has shown in recent months, given the deceleration in the industrial sector

This report examines the trends in U.S. development aid, focusing on the share allocated to Latin America and the Caribbean. It also analyzes how resources have been directed towards environmental issues, comparing the approaches of Presidents Trump and Biden.

The indebtedness of the private sector remains below that of peer countries, though signs of deterioration in NPL ratios started to be seen. Banks’ FC liquid assets are solid enough to cover their ST external debt. FC credit evolution and swap …

There is still no clear indication of a severe slowdown in the labor market, though it has weakened more than it initially appears. The slower rate of job creation, coupled with frequent downward adjustments to monthly employment figures, sugge…

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Our most recent publications

The first half of 2024 has been a period of high volatility in the foreign exchange markets, with various changing factors significantly influencing behavior. Ultimately, since the beginning of the year, there have been moderate depreciations in emerging currencies and, to a lesser extent, in the euro against the dollar.

Since the beginning of the war in Ukraine, Spain has grown more than the EU, but the data offers an alternate view when, instead of comparing the aggregate performance of activity and employment, we focus on per capita growth.

Colombia has great tourism potential. The arrival of tourists from abroad is growing dynamically at the same time that Colombians have increased their domestic travels. The growth of tourism is very beneficial, which makes it necessary to conti…

After two weeks of strong acceleration, the weekly growth of FX-adjusted credits decelerated sharply on the 2nd week of August from almost 1% increase to 0.1%.

A fiscal consolidation that would imply a public deficit of 3.0% of GDP (-3.5% of PSBR) is expected for next year, which would occur with a primary surplus and financial cost of 0.4% and 3.4% of GDP, respectively.

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