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Regional & Urban Economics

Regional & Urban Economics latest publications

April 9, 2021

Spain | Impact of COVID-19 on consumption in real time and high frequency in mar-21

Spending with BBVA credit and debit cards or BBVA POS terminals grew 56% y-o-y in March due to the base effect caused by the start of the lockdown period a year ago. Compared to March 2019, the growth in card consumption was lower (18%).

March 24, 2021

Mexico Real Estate Outlook. First half 2021

Interest rates cushion mortgage market contraction in most states. Ten years in which mortgage credit has flowed, but there is still much to do.

March 16, 2021

Spain | Canary Islands Economic Outlook 2021

The economy of the Canary Islands may have shrunk by 15.0% in 2020, and might grow 8.1% in 2021 and 9.6% in 2022. Public policies softened the impact of COVID-19. Consumption, investment and tourism will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 10, 2021

Spain | Castille-La Mancha Economic Outlook 2021

The economy of Castille-La Mancha may have shrunk by 9.0% in 2020, and might grow 4.4% in 2021 and 6.2% in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 9, 2021

Spain | Extremadura Economic Outlook 2021

The economy of Extremadura may have shrunk by 9.2% in 2020, and might grow 4.2% in 2021 and 7.0% in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

March 5, 2021

Spain | Outlook for Andalusia's Economy

Andalusia's GDP may have shrunk by 11.2% in 2020 and might grow 5.4% in 2021 and 6.6% in 2022. Public policies lessened the impact of COVID-19. Consumption and investment will drive the economy through 2021. Although with risks, the situation will normalise towards 2022.

March 5, 2021

Spain | Impact of COVID-19 on consumption in real time and high frequency in feb-21

The decline in card purchases moderated to -7% year-on-year in February due to the recovery in spending with Spanish cards, both online (37%) and face-to-face (-4%). Foreign card transactions continued to decline at double-digit rates (-73%).

March 4, 2021

Mexico | There are 51 million Mexicans with an income below the value of the food basket

Coneval estimates that there are more than 51 million Mexicans living in working poverty in the 4Q20, 40.7% of the total population. Due to the pandemic, there was a contraction of 10.3 million jobs during the 2Q20, which is equivalent to almost 19% of total jobs nationally: 6.2 million men and 4.1 million women.