Sectoral and Digital Economy Analysis & Industrial Organization
Sectoral and Digital Economy Analysis & Industrial Organization latest publications
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%).
April 7, 2021
U.S. | CRE after Covid - crisis and reinvention, business as usual, or full steam ahead?
The fast economic recovery over the next few years will benefit commercial real estate greatly, but the structural challenges to some of its segments will remain and possibly intensify
The European Commission has launched its Digital Compass, a document with the key digital goals of its plan for a successful digital transformation for Europe by 2030. The Commission has released this plan along with clear milestones and a tracking system.
One of the strongest price rallies in history for various commodities (e.g. oil, copper, steel) is consolidating in 2021. The speed of the upside movement could make you think that we are at the start of a new commodities supercycle. If we are, it would be quite different from the previous ones.
Research, development and innovation (R+D+I) are undoubtedly pending issues in Spain. Poor performance in this area has severe consequences for our economy. For example, the fact that there has been no growth in labor productivity in recent years and the resulting impact on wages.
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%).
This report evaluates the state of R&D in Spain and anaylzes the factors that hinder innovation. The implementation of the necessary reforms is essential for Spain to achieve its R&D objectives and increase its potential growth.
February 5, 2021
Spain | Impact of COVID-19 on consumption in real time and high frequency in jan-21
Spending with BBVA credit and debit cards or BBVA POS terminals fell by -11% year-on-year in January, after rising 6% in December. The drop in face-to-face purchases, both with Spanish cards (-9%) and foreign (-68%), accompanied that of online purchases with foreign cards (-73%).