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    March 31, 2025

    Mexico | Manufacturing shows signs of improvement in February; tariff risks remain

    The BBVA Research Multidimensional Manufacturing Indicator fell (-)0.4% YoY in February, the smallest contraction since March 2024

    March 26, 2025

    Spain | Green skills: what they are, who holds them, and why they matter

    Green skills account for 4% of employment in Spain between 2015 and 2024, in line with the EU-27 average. However, the profile of workers with green skills varies by skill type. Those with knowledge in renewable energy or environmental policies tend to be younger and more educated.

    March 17, 2025

    Peru | Dynamic activity continued in January

    GDP grew 4.1% year-on-year in January. By productive sector, the primary component stood out (up 4.4%) due to the strong expansion of the fishing sector and the resulting expansion of primary manufacturing. The non-primary component grew 3.2%.

    March 14, 2025

    Argentina | Inflation accelerated slightly in February to 2.4% MoM

    February inflation was 2.4% MoM (66.9% YoY), slightly above expectations, and accelerating 0.2 p.p. over January. We expect March inflation to be similar to February.

    February 22, 2025

    Global | Real-Time CO₂ Tracking: Balancing Higher Frequency with Greater Reliability

    Carbon Monitor, a high-frequency CO₂ tracker, enhances real-time sectoral and regional monitoring while aligning with IPCC guidelines. However, daily estimates face accuracy challenges, limiting their utility.

    February 19, 2025

    Mexico | Temporary nature of textile tariffs must be enforced; emphasizing customs control

    Mexico imposes temporary tariffs of 15 to 35% on 155 tariff items in the textile and clothing industry, modifies the Immex Decree to limit access in these sectors. Finally, it establishes a global rate of 19% on products imported through digital platforms from countries without a trade agreement, including China.

    February 17, 2025

    Mexico | Consumption keeps its strength in January

    The BBVA Research Big Data Consumption Indicator (BDCI) grew 2.7% MaM in January, its sixth consecutive growth since August 2024