Publications and economic news

Here are all of our publications listed chronologically. You can also find the publications relating to single geography under “Publications by geography” or narrow down your search using the “Advanced filter”.

Latest publications

Peru | Tracking consumption with real-time data in July 2026

August 8, 2026

Consumption in Peru grew 8.9% year-on-year in July. This advance is supported by a strong labor market and credit, despite inflation. Spending digitalization continues to rise, with intensive use of cards and online channels.

US | Communication as a fundamental tool of monetary policy

August 7, 2026

The article analyzes the shift in the US Federal Reserve's communication strategy under Kevin Warsh. Forward guidance is abandoned for a descriptive approach amid high economic uncertainty, highlighting the importance of clear communication to anchor market expectations.

Mexico | Uneventful meeting reaffirms Banxico’s prolonged pause

August 7, 2026

By reiterating that “it will be appropriate to maintain the reference rate at its current level” and that the current stance is “well-suited” to the macroeconomic environment, the Board signaled that it is comfortable with the policy rate at its current level.

Spain | 2024 settlement of the financing system for autonomous communities

August 6, 2026

This Working Paper analyzes the 2024 settlement of the financing system for Spain's common-regime autonomous communities. It calculates the definitive financing for homogeneous competences, which grew by 9.45% compared to 2023. It also quantifies interregional redistribution flows and the evolution of resources until 2027.

Big Data techniques used

Spain | An overview of defense spending. July 2026

August 6, 2026

The geopolitical context has driven Spain to enter an expansionary cycle and reach the defense spending target of 2% of GDP in 2025. A structural change aimed at military modernization through major programs is observed, with a central role for the domestic industry and greater European cooperation.

Mexico | A stronger 2Q26 is unlikely to shift Banxico’s policy pause

August 5, 2026

Recent inflation data support what most Board members signaled earlier this year—that a neutral stance is enough to bring disinflation across the finish line.

Big Data techniques used

Spain | Fires drag down tourist spending in Ávila; lesser impact in Madrid and Toledo

August 5, 2026

The late July fires reduced tourist spending primarily in Ávila, while the impact was limited in Toledo and practically zero in Madrid, with a gradual recovery as the control of the fires progressed.

Mexico | Pemex still far from its oil production target

August 4, 2026

Pemex's liquid hydrocarbon production averaged 1.658 million barrels per day in the second quarter of 2026, a slight increase of 6.2 thousand barrels per day from the previous quarter. Despite five consecutive quarters of increases, the figure remains far from the target of 1.8 million barrels per day.

Mexico | Drop by Drop: Understanding Water Management Across the Country

August 4, 2026

The report examines water management in Mexico and the diversity of its water utilities. Nationwide, only 55% of the water supplied is billed, and 69% of billed amounts are ultimately collected. Although drought conditions improved in 2026, critical challenges remain in water metering and wastewater treatment.

Big Data techniques used

Global | BBVA Research Big Data Geopolitics Monitor. 04 August 2026

August 4, 2026

Unresolved US-Iran Diplomacy Over Hormuz, Ukraine’s Air-Defence Shortfall and Proposed US Tariffs on Russian Energy Buyers Sustain Pressure on Global Energy Markets

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