Retail sales in Colombia increased 5.3 percent year-on-year in March 2019, easing from an upwardly revised 6.1 percent gain in the previous month and below market consensus of a 5.8 percent rise. In March, 14 out of 16 product segments recorded gains including food & non-alcoholic beverages (6.4 percent); electronic products and telecommunications for personal or domestic use (20 percent); vehicles & motorcycles (7 percent); home appliances & furnishings (11.8 percent); hardware, glass & paintings (11.2 percent); other goods for personal or domestic use (9.9 percent); cleaning products for domestic use (9.7 percent); footwear & leather products (11.3 percent); and personal care products, cosmetics & perfumery (2.6 percent). On a monthly basis, retail trade went up 10.8 percent, after a downwardly revised 4.6 percent decline in February. Considering the first quarter of the year, retail sales advanced 4.8 percent compared to the same period a year earlier. Retail Sales YoY in Colombia averaged 5.11 percent from 2000 until 2019, reaching an all time high of 23.37 percent in April of 2011 and a record low of -7.59 percent in September of 2009.

Retail Sales YoY in Colombia is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Colombia to stand at 4.00 in 12 months time. In the long-term, the Colombia Retail Sales YoY is projected to trend around 4.30 percent in 2020, according to our econometric models.

Colombia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 03:00 PM Retail Sales YoY 7% 10.8% 9%
2019-03-14 03:00 PM Retail Sales YoY 3% 7.1% 4.5% 5.9%
2019-04-12 03:00 PM Retail Sales YoY 5.7% 3.1% 4.5% 4.3%
2019-05-14 03:00 PM Retail Sales YoY 5.3% 6.1% 5.8% 3.7%
2019-06-14 03:00 PM Retail Sales YoY 5.3%
2019-07-15 03:00 PM Retail Sales YoY
2019-08-14 03:00 PM Retail Sales YoY 4.4%


Colombia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -9.60 1.20 38.80 -30.20 Index Points [+]
Retail Sales MoM 10.80 -4.60 66.00 -41.30 percent [+]
Retail Sales YoY 5.30 6.10 23.37 -7.59 percent [+]
Consumer Spending 152039.94 149236.34 152039.94 48409.00 COP Billion [+]
Private Sector Credit 198967.33 209405.29 574361.99 2536.00 COP Million [+]
Households Debt To GDP 26.23 26.47 26.47 9.11 percent of GDP [+]
Consumer Credit 137333.27 136322.82 137333.27 5413.41 COP Billion [+]
Gasoline Prices 0.78 0.80 1.41 0.23 USD/Liter [+]
Consumer Confidence Economic Expectations -10.90 -12.40 48.80 -28.30 [+]
Consumer Confidence Financial Expectations -35.20 -43.10 25.30 -55.20 [+]


Colombia Retail Sales YoY

In Colombia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Colombia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 6.10 23.37 -7.59 2000 - 2019 percent Monthly




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