Publications

The Big Data Private Consumption Index recorded a yoy growth of 15.6% in May, exceeding the figures from April (11.6%) and March (10.9%).

On April 28, Spain experienced one of the most serious electricity blackouts in its history. Beyond the immediate collapse in activity, the blackout had a clear impact on consumer spending—especially purchases made using digital payment methods.

The Big Data Private Consumption Index continued to decelerate its year-over-year growth, registering 6.4% in December. This slowdown reflects the waning impact of pension fund withdrawals by households, which had provided a temporary boost through October.

The Big Data Private Consumption Index slowed its growth in November in a context where no additional pension fund withdrawals took place (these occurred between June and October), reducing consumer liquidity.

During the week of November 12 to 18, the improvement trend in most spending indicators stopped. Growth rates have shown a similar behavior to that of the previous week, maintaining a negative gap with respect to the evolution observed in the rest of Spain.

Although it has been only a few days and we only have preliminary estimates, the data that we are receiving indicate that the economic effects of the DANA have been very significant at a local level.

The objective of the first issue of this weekly observatory is to contribute to monitoring the economic impact of DANA on families and companies in the affected areas, report on the relief provided by public policies and provide data that can help improve them.

The Big Data Consumption Index maintained a good performance in August, in a context of extraordinary withdrawals from pension funds. Meanwhile, the Big Data Investment Index showed a new contraction in August, where the private component appears to be showing weakness.