Publications

Colombia’s GDP grew 2.7% in Q1 2025, driven by consumption (76.7% of GDP), while investment remains weak, especially in housing and infrastructure. The key challenge is boosting investment to ensure sustainable growth.

This report presents a novel method to track technological progress in real time using data from ArXiv, the world's most popular preprint repository in computer science, physics and mathematics.

Europe's automotive sector, second-largest globally and key to the EU economy, faces urgent challenges: rapid decarbonization, China's EV dominance, and US trade protectionism. The EU’s innovation-driven Action Plan can preserve Europe's leadership if swiftly implemented.

At the end of 2024, the Mexican economy's GDP grew by 1.5%, primarily driven by the Services sector, which experienced a 2.3% increase. Notably, Professional Services, Transportation, and Retail emerged as the key sectors contributing significantly to this economic growth.

Annual inflation in April surprises on the upside (5.2%), driven by regulated items and goods. Core inflation (excluding food) also increases. Doubts persist regarding the speed of future moderation. This result may lead to upward revisions of forecasts and uncertainty about the future monetary policy stance.

BBVA customers' card spending fell sharply on April 28, 2025, due to the power outage that affected the Iberian Peninsula. In particular, spending by customers residing in the affected areas was 41 percentage points below the average observed on non-holiday Mondays in April 2024.

BBVA Research presents its new real estate sector report in two presentations: the first analyzes sales, supply, prices, rentals, and demographics; the second focuses on the structure of construction, financing, and sustainability. It includes sales projections, drivers, and trends through 2026.

In this global scenario where very little is certain, the transition to a decarbonized economy is also being called into question. The US decoupling in climate policies and the promotion of renewable energy seems clear.