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February 9, 2024
In January, the Consumer Big Data index accelerated its growth (+4.6% YoY; December 2023: +2.6% YoY). Over the same period, the Big Data Investment index showed significant growth (+26.6% YoY; December 2023: +4.2% YoY).
March 3, 2023
In February, BBVA Research's big data consumption index for Peru (inflation-adjusted spending with cards and cash withdrawals) stagnated. In general, spending on most consumption items slowed down, particularly those linked to tourism (excursions and air tickets).
January 6, 2022
In December, spending with cards and cash withdrawals (BBVA Research's big data consumer index) increased 7.0% compared to the same month in 2019 (10.9% compared to December 2020).
August 26, 2021
In August, the BBVA consumption indicator grew 25% in real terms with respect to the same month of 2019. The increase in household spending coincides with the increase in household liquidity, relaxation of sanitary isolation measures and further progress in the vaccination process.
March 5, 2021
The decline in card purchases moderated to -7% year-on-year in February due to the recovery in spending with Spanish cards, both online (37%) and face-to-face (-4%). Foreign card transactions continued to decline at double-digit rates (-73%).
July 9, 2020
BBVA Research has developed a high-frequency indicator to track consumption in different countries. In Peru, this indicator shows that, after an initial significant contraction in household's purchases when confinement began, a recovery in spending is already visible with information as of July
