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Microeconomics

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December 10, 2019

Peru | Retail Outlook 2019

We estimate that retail sales' growth rate in 2020 will be similar to that of this year. Looking forward, factors such as the demographic boon, higher household purchasing power and the continued growth of online shopping, suggest that retail sales have space to continue growing.
  • Geography Tags
  • Peru

December 2, 2019

Data and competition: Challenges for the digital sector in Europe

The European Commission is set to start the new year with a lot of work ahead of it, particularly in its battle to promote and level out the rules of the game in the digital sector.

November 20, 2019

Mexico Regional Sectoral Outlook. Second half 2019

Most sectors have slowed markedly. Lower growth in 1H19, inertia defines the pattern of state performance.

October 29, 2019

U.S. Auto Sales Chartbook. October 2019

Solid but stable new vehicle sales through 3Q19. A robust supply of “off-leasing” units and access to credit support sales of used vehicles. Consumer credit remains healthy, although delinquencies keep growing.
  • Geography Tags
  • USA

October 24, 2019

Spain | LFS confirms that the recovery of the labor market was interrupted in the 3Q19

Despite the positive seasonality, employment increased by only 69,400 people (1.8% a/a), less than expected. This, combined with the rise in active population, led to a modest fall in the unemployment rate (-0.1pp to 13.9%). Excluding seasonality, employment stagnated and the unemployment rate rebounded to 14.4%

September 16, 2019

Mario Draghi: Monetary Policy Is Not Sufficient

At its meeting last Thursday, the European Central Bank (ECB) launched a comprehensive package of easing measures, as Draghi had—for all intents and purposes—been signaling over recent months (in his speech at Sintra and, most significantly, at July's monetary policy meeting).

August 30, 2019

Disentangling Vulnerability through Consumer Behavior: The Role of Financial Health

This paper analyzes the effect of financial participation on consumer's financial vulnerability, which is pervasive in the developing world. The financial behavior of consumers (i.e. financial health) has a greater positive effect on financial vulnerability than the narrower concept of financial inclusion.