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June 15, 2022

Peru | GDP grew 3.7% year-on-year in April, but signs of slowdown get stronger

After growing 3.8% year-on-year in March, economic activity advanced 3.7% in April, despite the strict confinement that took place in the city of Lima. The expansion of the non-primary component stood out (5.1%). On the other hand, the primary component of GDP, more linked to extractive activities, contracted by 1.3%.
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  • Peru

April 6, 2022

Colombia Economic Outlook. Second quarter 2022

The Colombian economy will continue to show resilience in a context of greater global uncertainty, more contractionary monetary policies and strong upward pressures on inflation. We expect the economy to grow 4.5% in 2022 and 2.5% in 2023, driven by domestic demand and exports.

February 28, 2022

Spain | Quarterly Labour Market Observatory

The EY-Sagardoy Talent and Innovation Institute, BBVA Research and FEDEA have agreed to join forces to launch the Quarterly Labour Market Observatory. The Observatory will track 35 labour market indicators, a subset of which will be selected each quarter for the report.

February 25, 2022

Mexico | Pandemic and lack of investment damage the labor market and increase poverty

The economic crisis caused by the pandemic and the economic policy response (or rather, its absence) caused significant damage to the Mexican labor market.

February 3, 2022

Colombia | What can we expect for 2022 and 2023? - BBVA Forum

The Colombian economy will grow 4.0% in 2022 and 2.8% in 2023, with inflation pressures that will gradually moderate from the second half of this year. The monetary policy intervention rate will turn contractionary in mid-2022. The great challenge for the economy is to increase formal employment and generate more savings.

February 2, 2022

Spain | The labour market started 2022 on a positive note

Negative seasonality reduced Social Security affiliation (-197,800) and the temporary employment ratio (to 85.7%), while increased unemployment (17,200), in line with expectations. However, after adjusting for seasonality, employment grew by 67,000, temporary hardly decreased and unemployment fell by 64,000.

January 20, 2022

Colombia Economic Outlook. First quarter 2022

The Colombian economy will grow 4.0% in 2022 and 2.8% in 2023, with inflation pressures that will gradually moderate from the second half of this year. The monetary policy intervention rate will turn contractionary in mid-2022. The great challenge for the economy is to increase formal employment and generate more savings.

January 3, 2022

Spain | Pros and cons of the labor reform

The new labor reform was achieved with a social consensus. It clears up uncertainties, makes several improvements and avoids going back on key progress made in the last decade. But it is not ambitious enough to solve the structural problems of the Spanish labor market.