Searcher

Private consumption

Private consumption latest publications

June 16, 2021

Argentina | Real-time consumption monitoring (Jun 16, 2021)

Total consumption rebounded after the drop at the end of May, although YoY growth is still negative. The level of spending so far in June is below that of the same period in 2020. Our indicators forecast a weak second quarter due to mobility restrictions.

June 11, 2021

Colombia | Weekly update BBVA Tracker: Consumption. 10 Jun, 2021

Consumption improves its dynamics so far in June and is 13.2% above that recorded in the same period in 2019. Services show an important rebound and are once again above their pre-pandemic level, while consumption of goods slows down.

June 4, 2021

Spain | Consumption Outlook. First half 2021

The recovery in private consumption will gain momentum as vaccination progresses, the EU recovery package (NGEU) starts to boost demand and households consolidate the absorption of excess savings. Consumer spending will grow by 6.1% in 2021 and 6.8% in 2022.

June 2, 2021

Argentina | Real-time consumption monitoring (Jun 2, 2021)

The tightening of sanitary measures at the end of May decreased consumption to April 2020 levels, affecting categories related to mobility and "non-essential" activities. A significant improvement in the level of Argentina's spending on the path towards the new normality is not yet visible.

May 27, 2021

Colombia | Weekly update BBVA Tracker: Consumption. 27 May, 2021

Consumption in May was 2.2% higher than before the pandemic. The slowdown observed at the beginning of the month has been compensated by a better dynamic in the last few days. Goods are 22% above their pre-pandemic level, while services are 25% below this level.

May 21, 2021

Colombia | Weekly update BBVA Tracker: Consumption. 20 May, 2021

Total consumption is slightly higher than in the same period a year ago (+0.5 percentage points). Consumption of goods rebounded slightly in the last week while consumption of services remained at low levels.

May 20, 2021

Spanish household saving in times of the pandemic

Household savings increased by a factor of 2.3 in 2020 as a result of the restrictions imposed by the epidemiological situation and the fear of contagion. Moving forward, the absorption of excess savings is a source of uncertainty that could mean an upward bias to short term growth.

May 19, 2021

Argentina | Real-time consumption monitoring (May 19, 2021)

The recent Hot Sale boosted spending levels in goods above pre-pandemic records after all items showed a contraction in consumption during April. Construction spending forecasts a slowdown in activity. The new wave of contagions impacts ATM withdrawals.