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

Published on Thursday, May 21, 2020

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

This is a weekly publication based on high-frequency and high-resolution aggregated and anonymised transaction data from BBVA to analyse the dynamics in real time of expenditure in the countries where BBVA operates during the ongoing COVID-19 pandemic.

Key points

  • Key points:
  • The easing of mobility restrictions starts to pay off and some countries start to show the recovery at a different speed
  • The gap between e-commerce growth and physical purchases continues, but it has moderated in some countries
  • Countries/regions with soft lockdown measures are recovering faster (such as the USA Sunbelt area)
  • Turkish “Targeted Lockdown” allows for a relatively rapid recovery
  • Spanish Geographical restrictions lift triggers some differences in the recovery

Geographies

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