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April 22, 2024

Europe | Electricity bills fall, but less than wholesale prices

Retail electricity prices are adjusted in response to fluctuations in wholesale markets, shaped by the regulatory policies of each country and, where relevant, consumer willingness to pay a premium to mitigate price volatility.

July 8, 2022

Big Data techniques used

Colombia | BBVA Big Data Consumption Tracker. July 2022.

In June, consumption moderated despite a VAT-free day with a significant positive impact. Spending on services slowed the most. Still, consumption growth remains at high rates.

November 9, 2018

Colombia | Financing Law: broad strokes and pending issues

The bill covers three main issues: VAT reform, a marginal increase in the tax burden on the highest earners, and a reduction in the tax burden on businesses.