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
Summary
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.
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