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According to BBVA card spending data, the summer months have been characterized by a slight improvement in tourist spending compared to the beginning of the year, driven by the good behavior of consumption by Spaniards and despite the sluggishness of tourism by of foreigners.
The Big Data Consumption Index registered a YoY decline once again in July, while the Big Data Investment Index slowed its growth.
The Big Data Consumption Index registered a YoY decline once again in June, while the Big Data Investment Index accelerated its growth.
The Big Data Consumption Index showed a YoY decline in May (-0,6%), while the Big Data Investment Index showed a recovery (4,4%).
During the first four months of the year, total tourist spending (domestic and foreign) was 39pp above that observed during the same period of 2019 (5pp more than in the previous four-month period), according to spending data with BBVA credit c…
In February, BBVA Research's big data consumption index for Peru (inflation-adjusted spending with cards and cash withdrawals) stagnated. In general, spending on most consumption items slowed down, particularly those linked to tourism (excursions and air tickets).
BBVA Research's big data consumption index for Peru (inflation-adjusted spending with cards and cash withdrawals) slowed down in January to 3.0% (December: 3.8%).
BBVA Research's big data consumption index (inflation-adjusted spending with cards and cash withdrawals) slowed significantly in the third quarter, despite an improvement in September.
In July, BBVA Research's big data consumption index (inflation-adjusted spending with cards and cash withdrawals) stagnated (YoY growth 0.0%).
In June, total consumption with BBVA cards, in real terms, fell 4.2% YoY, the lowest value since February 2021. Spending declines are evident in all categories.
