Searcher

Retail Trade Index

Retail Trade Index latest publications

May 9, 2018

Measuring Retail Trade using Card Transactional Data

We construct a high-dimensionality Retail Trade Index (RTI) constructed to nowcast the retail trade sector economic performance in Spain using data from BBVA clientS from their credit or debit card transactions at Spanish point of sale terminals. Results indexes are robust when compared with the Spanish RTI, regional RTI, a…