Measurement of retail trade with card transaction data
Published on Thursday, March 15, 2018 | Updated on Sunday, May 13, 2018
Document number 18/03
Big Data techniques used
Measurement of retail trade with card transaction data
Summary
We present a high-dimensional Retail Trade Index (RTI) created to publicise the economic performance of the retail sector in Spain, using big data sources and techniques. The data are the footprints of BBVA customers based on their credit or debit card transactions at point-of-sale (POS) terminals in Spain.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Diego Bodas
Juan Ramón García
BBVA Research - Principal Economist
Juan Murillo
Matías Pacce
Tomasa Rodrigo
BBVA Research - Lead Economist
Pep Ruiz
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist
Juan de Dios Romero