Searcher

BBVA Research

Our featured publications

Bank performance in 2023 was affected by a lackluster macro environment, primarily due to the downturn in the property market. Bank's housing sector exposure declining, but risks from local government financial vehicles remain concerning.

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.

After the local election results, we expect the maintenance of current economic policies with more aggressive tightening in the short term. Therefore, expected additional restrictive measures might generate downside risk on our short term infla…

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…

See more

Our most recent publications

Formal employment in Mexico showed null monthly variation in March 2024, reflecting a more pronounced slowdown than expected in the year's first quarter. In March, it grew below expectations, partly attributable to the effect of Easter.

Iran launched a drone and missile attack on Israel on April 13, retaliating against Israel's airstrike on its consulate in Damascus. Israel's cabinet discussed response options, while US President Biden urged caution and a united diplomatic front. The situation remains complex with potential for strategic errors.

GDP in Castile and Leon could increase by 2.0% in 2024 and 1.8% in 2025, which would create 27,000 new jobs in the region in the biennium

GDP grew 2.8% YoY in February. This result was influenced by the additional day of activity due to the fact that 2024 is a leap year and the low YoY comparison base. The growth of the mining sector and some sectors of non-primary GDP stood out.

The BBVA Research Big Data Consumption Indicator reported a drop of (-)1.1% MaM in March, with real figures adjusted for seasonality; by components, the greatest slowdown was recorded in the services segment (-2.0%), while the consumption of go…

See more

Most read on BBVA Research