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June 24, 2022

Mexico | Will there be a recession in the United States?

Recessions occur because the Fed's short-term interest rates determine the level of all rates in the economy: the Fed's rate hike implies higher rates for credit to companies, for mortgage loans and for consumer loans, etc.

June 23, 2022

Argentina | BBVA Research Big Data Consumption Indicator (May-22)

In May, total consumption with BBVA cards, in real terms, grew 10.2% YoY. The latest data from our real time indicators show a weakness in the economic recovery process.

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%.
  • Geography Tags
  • Peru

June 6, 2022

Spain | Why are automobile sales down?

The automobile sector offers a useful overview of many of the general trends that we are seeing in the economy. First of all, it provides a good example of the impact that society's changing preferences are having and, secondly, it demonstrates how supply-side constraints are limiting growth.

June 3, 2022

Colombia | Big Data Consumption Tracker. 3 jun, 2022

In May, household consumption slowed compared to April, especially in the second half of the month. Tourism-related spending was the most moderate, while in-city consumption (restaurants, entertainment and urban transportation) remained strong.

June 3, 2022

Peru | Tracking consumption with real-time data in May 2022

In May, BBVA Research's big data consumption index (inflation-adjusted spending with cards and cash withdrawals) increased 8,0% compared to the same month in the previous year (19.0% YoY in April).

June 2, 2022

Mexico | Consumption fell (-)1.5% in May with decline of the tourism sector

The BBVA Research Big Data Consumption Indicator (ICBD BBVA Research) slows down amid the fall in the tourism sector after the high dynamism registered in April triggered by the Easter holiday period.

June 2, 2022

Peru | Inflation reaches new maximum since 1998 in May

The Consumer Price Index for the city of Lima increased 0.38% MoM in May. This is a result of the increase in the prices of transportation and food and non-alcoholic beverages, in a context of higher international prices of fuels and foodstuffs.