Investor Presentaiton
80%
70%
60%
50%
40%
30%
20%
10%
0%
BBVA CONSUMPTION & INVESTMENT
BIG DATA INDICES (28-day cum. YoY real)
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%
17-Mar-20
15-Jun-20
13-Sep-20
Consumption
12-Dec-20
12-Mar-21
CONSUMER INFLATION (ANNUAL)
Dec.20
Jan.21
Feb.21
Mar.21
Apr.21
May.21
Jun.21
Jul.21
Aug.21
Sep.21
Oct.21
Nov.21
Dec.21
Jan.22
Feb.22
Mar.22
Apr.22
May.22
Jun.22
1H22 BRSA CONSOLIDATED EARNINGS PRESENTATION 3
ACTIVITY CONFIRMS AN UPWARD TREND DESPITE TIGHTER
GLOBAL FINANCIAL CONDITIONS
10-Jun-21
8-Sep-21
Investment
7-Dec-21
78.6%
7-Mar-22
гл
5-Jun-22
1Q20
GDP GROWTH (YOY)
2021: 11%
22.0%
2020: 1.8%
9.1%
7.4%
7.4%
6.3% 6.2%
7.3%
4.4%
-10.4%
2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22
GDP growth surprising to the upside. Activity remains
solid on the back of continuing credit and fiscal impulses
High global inflation and commodity prices, loose
domestic policies and exchange rate depreciation keep
upside risks on the inflation outlook.
Exports supportive & tourism revenues stronger than
expected.View entire presentation