Global | The COVID-19 impact on Consumption in Real Time and High Definition
Published on Thursday, May 28, 2020 | Updated on Thursday, May 28, 2020
Big Data techniques used
Global | The COVID-19 impact on Consumption in Real Time and High Definition
This is a weekly publication based on high-frequency and high-resolution aggregated and anonymised transaction data from BBVA to analyse the dynamics in real time of expenditure in the countries where BBVA operates during the ongoing COVID-19 pandemic.
Key points
- Key points:
- The easing of mobility restrictions starts to pay off, with only Latam lagging behind
- The Consumption Diffusion Heat Map shows the recovery across countries and segments
- The gap between e-commerce growth and physical purchases remains, but it is narrowing given the restriction lifting
- Spanish lifting by phases is reflected in consumption growth. Next week’s data will show the positive effect on Madrid-Barcelona
- Spanish restrictions lift triggers some differences in the recovery not just by regions, but by sectors too
Documents to download
Weekly Dashboard BBVA Research
Visit our new interactive visualization tool: https://datastudio.google.com/embed/reporting/2458e6fa-0548-4168-98fb-d7abaf500c0f/page/37XRB
Authors
- Vanessa BelapatiñoBBVA Research - Senior Economist
- Filip Blazheski
- Fernando Bolívar
- Adrian Casillas
- María Paula Castañeda
- Juan Ramón GarcíaBBVA Research - Principal Economist
- Berk Orkun Isa
- Juan Manuel ManíasBBVA Research - Principal Economist
- Alvaro OrtizBBVA Research - Head of Analysis with Big Data
- Tomasa RodrigoBBVA Research - Lead Economist
- Pep RuizBBVA Research - Principal Economist
- Saide Aránzazu SalazarBBVA Research - Principal Economist
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Consumption