Global | The COVID-19 impact on Consumption in Real Time and High Definition: August 6

Summary

Consumption growth rates remained high in July, although most of the base effect on year over year terms has been corrected in most countries.

Key points

• Key points:
• The growth rates correction stabilizes in most countries during July, particularly in Spain, Turkey and Peru
• As the summer begins restaurants and hotels show higher dynamism. Entertainment and transport are recovering at different paces
• The gap between e-commerce and physical purchases has narrowed, but in Spain and Mexico online sales are recovering
• The lower growth of ATM withdrawals vis-a-vis card spending has been more noticeable in Peru during 2021

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