Published on Wednesday, June 24, 2020 | Updated on Friday, June 26, 2020
Mexico | Daily data: a long and stony recovery for consumption
Summary
Daily data from BBVA Point of Sale transactions show consumption might have bottomed up in April but signals a painful recovery ahead.
Key points
- Key points:
- BBVA Point of Sale data point to a double digit fall for consumption in 2Q20
- Consumption habits shift towards more food and online shopping and a halt in services, especially tourism
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
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