Global | The COVID-19 impact on Consumption in Real Time and High Definition: April 9th
Published on Friday, April 9, 2021 | Updated on Friday, April 9, 2021
Big Data techniques used
Global | The COVID-19 impact on Consumption in Real Time and High Definition: April 9th
Summary
Consumption growth sharply accelerated during March compared with last year lockdowns, this increasing growth rates are observed across all countries and sectors.
Key points
- Key points:
- The recovery is uneven across sectors and countries. Sharp increases in yoy terms, even with the comparison with the pre covid-19 period.
- The acceleration of consumption was specially high during the second half of March and particularly in Spain and Peru.
- The gap between e-commerce and physical purchases keeps in most of countries.
Topics
- Topic Tags
- Consumption
Tags
Authors
Vanessa Belapatiño
BBVA Research - Senior Economist
Filip Blazheski
Adrian Casillas
María Paula Castañeda
Tatiana Dávila Egas
Berk Orkun Isa
Juan Ramón García
BBVA Research - Principal Economist
Juan Manuel Manías
BBVA Research - Principal Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Tomasa Rodrigo
BBVA Research - Lead Economist
Pep Ruiz
BBVA Research - Principal Economist
Saide Aránzazu Salazar
BBVA Research - Principal Economist