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In 2022, 34.7 million adults had at least one formal financial product in Colombia. This is more than fourteen million more than in 2012. With this, in the last decade, the percentage of adults with some financial product increased from 67.2% to 92.3%.
Since 2008, private consumption in real terms has failed to keep up with output. Notably, its share in GDP has fallen from 60.7% in 2008 to 56.5% in 2022.
A year ago, most analysts predicted that the U.S. economy would enter a recession in 2023 due to the Fed's monetary policy rate hikes aimed at dealing with the inflation surge that occurred at the end of the most critical phase of the pandemic.
The loss of purchasing power, together with the growth of the financial burden and volatility in the markets, may lead to a prolonged period of low growth instead of a moderate, one-off recession.
Considering that March 4 is the World Obesity Day, this press article analyzes not only the problems associated with obesity and overweight, but also the possible effects that could have on family spending.
One of the best surprises of 2022 has been the recovery by tourism. However, there are reasonable doubts regarding the industry's future outlook. A downturn could have major implications for the economy.
BBVA Research expects GDP growth to reach 1.0% in 2023, down from 4.4% in 2022, which would push back the prospect of returning to pre-pandemic levels at least until the end of the year.
At the dawn of a possible new crisis derived from inflationary pressures, it is worth asking how Spanish households are doing in terms of their balance sheet of financial assets and liabilities, and whether we should be concerned about rising i…
We presented the results of a Randomized Control Test (RCT) to people who received nudges through SMS in order to promote financial health variables. The target population was about 95,000 people in two age groups: 27 to 38 and 39 to 56 years o…
As is known, Mexico is at a time of high inflation, the National Consumer Price Index (INPC) stood at 7.36% at the end of 2021 and hasn’t had that level since more than twenty years. How does this fact affect personal finances and financial dec…
Mass vaccination of the population and COVID-19 infection prevention measures have led to a considerable recovery of household spending, mainly in activities carried out in person and in contact with other people.
Home sales have increased in the last year, far more than expected in an economy that saw GDP fall 10.8% in 2020 — with sector indicators offering plenty of evidence of the strength of demand.
