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According to BBVA card and POS data, during Easter 2024, total tourist spending fell 2.2% year-on-year compared to the same holiday period last year.
In February, the Big Data Consumption and Investment Indicators suggest that domestic demand has been showing a better performance in the first months of the year 2024. In the case of the Total Investment indicator, there was a significant acceleration in spending on goods and services related to construction.
In January, the Consumer Big Data index accelerated its growth (+4.6% YoY; December 2023: +2.6% YoY). Over the same period, the Big Data Investment index showed significant growth (+26.6% YoY; December 2023: +4.2% YoY).
The last months of the year have been characterized by an improvement in tourist spending in Spain compared to the summer, driven by the good behavior of consumption by both Spaniards and foreigners. This is what is inferred from BBVA credit ca…
In December, the Big Data Consumption index registered its first expansion (+2,6% YoY), something that had not occurred since February. During the same period, the Investment Big Data Index showed an increase for the third consecutive month (+4…
In November, the Big Data Consumption index registered a new YoY contraction, although lower than in previous months. In the same period, the Big Data Investment index grew YoY for the second consecutive month.
The Big Data consumption index had a new YoY contraction, the seventh consecutive,in September. In the same period, the Big Data investment index continued its downward trend.
Cantabria's economy will grow by 2.0% in 2023, and will accelerate to 2.5% in 2024. This will allow a return to the pre-pandemic GDP level this year.
Asturias' GDP could grow by 2.1% and in 2023 recover the pre-pandemic level. By 2024, the increase in activity will accelerate to 2.5%, and during that year it is expected to be able to recover GDP per capita. If these forecasts are met, Asturi…
The Big Data consumption index continued its downward trend and recorded its sixth consecutive decline in August. Over the same period, the Big Data investment index recorded a YoY contraction.
The Big Data Consumption and Investment indices showed YoY falls in April, indicating a continuation of the deterioration seen in the first quarter of the year.
BBVA Research's big data consumption index for Peru (inflation-adjusted spending with cards and cash withdrawals) slowed for the fourth consecutive month. In particular, in March, the index registered a contraction (of 2.8%), indicating that family spending is weakening.
