Global | The COVID-19 impact on Consumption in Real Time and High Definition: July 7th
Published on Wednesday, July 7, 2021
Big Data techniques used
Global | The COVID-19 impact on Consumption in Real Time and High Definition: July 7th
Consumption growth rates remained high in June despite most of the base effect on year over year terms having been corrected.
Key points
- Key points:
- Daily growth rates show a stabilization of consumption patterns over the month with higher corrections in Spain, Turkey and Peru during June.
- The mobility related sectors kept having a different recovery pace across sectors and countries, with the restaurants sector standing out.
- On year over year terms, the gap between e-commerce and physical purchases narrowed given last year’s base effect.
- The difference between ATM withdrawals and card spending stands out in Peru during 2021 among the rest 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