Juan Ramón García
Juan Ramón García
Principal Economist

Juan Ramón García is a principal economist in the Spain and Portugal unit of BBVA Research. Among other responsibilities, he is in charge of the conjunctural and structural analysis of the labour market and household consumption in Spain.

Previously, he was a senior economist in the Sectoral Analysis and Global Trends units of BBVA Research and a researcher at the Applied Economics Studies Foundation (Fedea).

He obtained a degree in Economics from the University of Santiago de Compostela in 2001 and a Diploma in Advanced Studies from the same university in 2003.

Latest publications

The COVID-19 impact on consumption was much more intense during the first wave than in the rest of the year 2020. By sector of activity, the impact of Covid-19 has been heterogeneus too. Food and health was the most beneffited ones and tourism related sectors the most damaged.
Spending with BBVA credit and debit cards or BBVA POS terminals grew 6% year-on-year in December, 10 points more than in November, due to the rise in transactions with Spanish cards, both face-to-face (5%) and online (56%).
26,400 jobs were created in December (16,000 swda) and unemployment rose by 36,800 (46,000 swda). In Q4, affiliation slowed down (1.1% t/t CVEC) and unemployment stagnated. The impact of the crisis is remarkable: -830,000 jobs and 800,000 unemployed.