Global | The COVID-19 impact on Consumption in Real Time and High Definition: Dec 17th.

Summary

The Covid-19 impact on consumption has been significant in 2020 with uneven recovery paths and sectorial effects by country. Consumption growth rates moderated during December in most of the countries given the second wave and some new restrictions. The impact of this second wave is different from the first one.

Key points

• Key points:
• The recovery continued to be uneven across sectors and countries. Recent restrictions in Turkey are having a significant impact. Latam countries continued catching up. While entertainment expenditure recovered faster in developed countries, transport spending did in the Latam countries.
• The gap between e-commerce and physical purchases kept in most of the countries.
• Consumption gap between food and the rest of consumption categories is still high in all the countries. This gap is increasing in Turkey.

Geographies

Topics

Tags