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Joint project with the IMF to analyze the evolution of e-commerce in Spain during and after Covid. The secular positive trend in e-commerce is well alive. The pandemic's boost was temporary with a moderating trend once the restrictions were lifted. Significant heterogeneity by individuals and categories of consumption

Batteries will be pivotal in steering the global energy system towards a net zero emissions scenario. Meeting targets will hinge on whether the world can scale up batteries fast enough.

Conditions are favourable for boosting sector expansion and exports. Despite low domestic growth and weakening employment, lower relative prices will help domestic demand. Externally, a real depreciation higher than that of regional peers will …

The BBVA Research Big Data Consumption Indicator (BDCI) fell (-)2.0% MaM in April, with real figures adjusted for seasonality

According to BBVA credit card data, the first months of the year have been characterized by a slowdown in the growth of tourist spending in Spain compared to the last months of 2023, weighed down by the decline in consumption by Spaniards and d…

We summarize China’s Balance of Payments situation in 2023 post-pandemic time and compare it with the pandemic time; we also predict its trend in 2024.

By the end of 2023, the Mexican economy grew at an annual rate of 3.2%, with an extraordinary growth of 15.6% in construction and differentiated effects at the regional level. The dynamism of services underpins growth in 2023; Wholesale and Retail grew 3.9% and 4.1%, respectively.

At the end of 2023 we find opposite results in the Real Estate market. Construction presents historical results, growth rates well above the average in different indicators. The housing market is contracting with figures as of November 2023. In…

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Our most recent publications

The International Criminal Court (ICC) issued arrest warrants for Israel and Hamas Leaders. The Iranian President and Foreign Ministry died in Helicopter crash.

The BBVA Multidimensional Manufacturing Indicator (MMI) fell (-)2.9% YoY in April, pointing to an extended slowdown in the sector amid the deceleration of external demand

If there is one thing we have learned over the past two centuries of ups and downs, it is that the key to overcoming turbulent times is strong and shared economic growth.

Joint project with the IMF to analyze the evolution of e-commerce in Spain during and after Covid. The secular positive trend in e-commerce is well alive. The pandemic's boost was temporary with a moderating trend once the restrictions were lif…

It is now almost cliché to say that the German crisis is due to the sudden collapse of the network formed by cheap Russian gas, Chinese demand and the defensive umbrella of the United States. The problems facing the German economy are structura…

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