Consumption latest publications
Solid but stable new vehicle sales through 3Q19. A robust supply of “off-leasing” units and access to credit support sales of used vehicles. Consumer credit remains healthy, although delinquencies keep growing.
More evident negative effects of worsening global demand and uncertainty on exports and investment explain the downward revision of growth in 2020. Further monetary easing and slightly expansive fiscal policy could help to halt deteriorating confidence and to underpin spending, with increasing divergence across countries.
The trends of Colombian consumers in the last 10 years have been changing. The structure, income, purchasing power and consumption habits have been fundamental when profiling a new Colombian consumer.
A recent BBVA Research study shows that the likelihood of buying a car declined during the crisis, and has barely gained momentum in recovery.
August 1, 2019
Mexico | There are 1.65 million households that receive remittances, 4.7% of the total
27% of remittances-receiving households are in the two lower income deciles, and 12.7% in the two upper deciles. Households that received remittances have a consumption pattern very similar to the national average. 36.0% of the expenditure went to food, beverages and tobacco, and 18.6% in transportation and communication.
The running out of tailwinds, the smaller increase in financial wealth and consumer financing and the rise in uncertainty will slow down the growth household consumption expenditure to 1.8% in 2019 and 1.7% in 2020
An analysis of the POS operations in gas stations in the Valle de Mexico metro-area are analyzed by day and hour. The crisis began at noon on Tuesday January 8, lasted 13 days, ended on January 20, 16% more gasoline was loaded per operation, and the purchase was increased up to 400% at late night and in the early morning.
A profile of the Colombian consumer was created by analyzing different variables that determine their consumption decisions, such as: age, sex, income, household size, source of income, form and place of payment, purchasing power and consumption habits.