October 8, 2021
Credit cards latest publications
Card spending in September was 37% higher than in the same month of 2019 (35% in August) driven by the upturn in purchases with Spanish cards. Face-to-face transactions gained traction (26%), while online transactions slowed their progress (72%).
September 7, 2021
Spain | Impact of COVID-19 on consumption in real time and high definition in Aug-21
Card spending in August was 35% higher than in Aug-19 (28% in July). Transactions with Spanish cards gained momentum, especially non-face-to-face (139%), while those with foreign cards narrowed the gap with 2019 figures.
In May, total card consumption grew 51% in real terms, compared to the same month of 2019. In addition, the share of the on-line channel in total purchases was 41%, while spending on food, health and household goods and services continues to show a strong expansion.
In March, total card consumption grew 86.3% YoY, this is explained by a low comparison base (in the second half of March 2020, mobility restrictions began due to the beginning of the pandemic).
February 25, 2021
Peru | Real-time analysis of the impact of COVID-19 on consumption (up to February 22)
In February, total card consumption fell 4,3% YoY (26,9% in January 2021). There was a strong increase in the share of on-line card purchases, consistent with the new reimposition of lockdowns.
The economic recession and the restrictions associated to the pandemic have brought unusual circumstances for the banking system. On the one hand, credit growth to the private sector dropped for the first time since 2010. On the other hand, deposits growth remains strong.
January 28, 2021
Peru | Real-time analysis of the impact of COVID-19 on consumption (up to January 25)
In January, total card consumption grew 23,7% MoM (22,2% in December 2020). The share of online purchases with cards continues to increase and its dynamism has propped the recovery of spending.
January 15, 2021
Global | The COVID-19 impact on Consumption in Real Time and High Definition: Jan 15th
The COVID-19 impact on consumption was much more intense during the first wave than in the rest of the year 2020. By sector of activity, the impact of Covid-19 has been heterogeneus too. Food and health was the most beneffited ones and tourism related sectors the most damaged.