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Global | The COVID-19 impact on Consumption in Real Time and High Definition: Sept. 20

Published on Friday, October 9, 2020 | Updated on Friday, October 9, 2020

Global | The COVID-19 impact on Consumption in Real Time and High Definition: Sept. 20

Recovering trends kept in most of the countries during September. The recovery is uneven across sectors and countries, consumption dynamics improved in Turkey, Mexico and Peru. The gap between e-commerce growth and physical purchases remained. Restaurants and entertainment expenditure continues stagnant in Latam countries.

Key points

  • Key points:
  • Growth rates trends diverged during September. October started with a better performance.
  • Restaurants and entertainment expenditure continues stagnant in Latam countries. Food expenditure continued outperforming in Spain and Mexico.
  • Spain: Card spending increased 3.5% yoy in September driven by the sustained growth of purchases with Spanish cards.
  • Turkey: No signs of sharp reversal some moderation after calendar boost on Investment but and still robust consumption.
  • Colombia: Better performance in Bogota and Cartagena in the last week.

Geographies

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