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
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.
Documents to download
Authors
- Vanessa BelapatiñoBBVA Research - Senior Economist
- Filip Blazheski
- Adrian Casillas
- María Paula Castañeda
- Tatiana Dávila Egas
- Berk Orkun Isa
- Juan Ramón GarcíaBBVA Research - Principal Economist
- 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
Topics
- Topic Tags
- Consumption