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    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.

    Geographies

    Topics

    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

    Documents and files

    Presentation (PDF)

    Weekly_Big_Data_7thJul.pdf

    English - July 7, 2021

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