household consumption

household consumption latest publications

January 25, 2021

Spain | The Golden Rule

Household savings increased significantly during the second quarter of 2020, reaching 24.4% of gross disposable income. That is more than double the previous high seen in 2009. There are several reasons for this.

September 3, 2020

Peru | Real-time analysis of the impact of COVID-19 on consumption (up to August 31)

Card consumption slowed down in the second half of August, but its level remains above that recorded in a similar period in 2019. The decline was in line with the return of mandatory confinement measures on Sundays and a normalization of pace of expenditure
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  • Peru

August 19, 2019

Who buys a car?

A recent BBVA Research study shows that the likelihood of buying a car declined during the crisis, and has barely gained momentum in recovery.

October 23, 2018

Peru | Modern Retail Outlook 2018

Modern retail sales will show a good performance in the remainder of this year and next. Later, with the demographic bonus, the increase in the purchasing power of households, and the growing access to digital media that will boost online sales, the sector has room to continue expanding.

October 13, 2017

Caída de la desigualdad en consumo: el caso de España durante la crisis

A pesar del aumento en la desigualdad de ingresos, las familias más “favorecidas” redujeron el consumo total realizado por el hogar un 17,2% entre 2007 y 2015, mientras el gasto de los hogares más "desfavorecidos" disminuyó sólo un 7,6%. Esto generó una caída en la desigualdad en consumo. El objetivo de este documento es ex…

December 15, 2016

Portugal: surprise increase in 3Q GDP growth to 0.8% QoQ

The Portuguese economy grew by 0.8% QoQ in 3Q16, considerably more than expected (0.3% QoQ). In contrast with previous quarters, domestic demand contributed negatively to growth (-0.4 pp), while the external sector did so positively, by 1.3 pp, due to the strong increase in exports and an unexpected fall in imports.