Colombia's retail sales rose 4.4 percent over a year earlier in November 2019, easing from a 7.4 percent increase in the previous month and missing market forecasts of a 6 percent gain. In November, 13 out of 16 major retail categories posted gains, namely food & non-alcoholic beverages (11.2 percent); computer and telecommunications equipment for personal or domestic use (19.9 percent); clothing & textiles (10.5 percent); home appliances, furniture (12 percent); and cleaning products (16.3 percent). On a monthly basis, retail trade jumped 8.8 percent, following a 2.5 percent rise in the prior month.

Retail Sales YoY in Colombia averaged 5.16 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. 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. source: Dane, Colombia

Retail Sales YoY in Colombia is expected to be 4.20 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 3.90 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.


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Colombia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
4.40 7.40 23.37 -7.59 2000 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 03:00 PM Aug 9.5% 8.1% 5.5%
2019-11-14 03:00 PM Sep 6.9% 10% 5.7%
2019-12-13 03:00 PM Oct 7.4% 6.9% 6% 5.5%
2020-01-17 03:00 PM Nov 4.4% 7.4% 6% 6.5%
2020-02-13 03:00 PM Dec 4.4% 6%


News Stream
2019-12-13
Colombia Retail Sales Rise More than Expected
Colombia's retail sales increased 7.4 percent over a year earlier in October 2019, after a 6.9 percent gain in the previous month and beating market expectations of a 6 percent rise. In October, 15 out of 16 major retail categories posted gains, in particular food & non-alcoholic beverages (7.5 percent); motor vehicles and motorcycles (11.7 percent); computer and telecommunications equipment for personal or domestic use (16.6 percent); home appliances, furniture (11.5 percent); and fuel for vehicles (9.2 percent); clothing & textiles (5.2 percent); other products for personal or domestic use (10 percent); and cleaning products (10.9 percent). On a monthly basis, retail trade went up 2.5 percent, rebounding from an upwardly revised 4.1 percent decline in September.

2019-11-14
Colombia Retail Trade Growth Slows to 5-Month Low
Colombia's retail sales went up 6.9 percent year-on-year in September 2019, easing from an upwardly revised 10 percent rise in August. In September, 15 out of 16 major retail categories posted gains, namely computer and telecommunications equipment for personal or domestic use (22.9 percent); food & non-alcoholic beverages (5.9 percent); motor vehicles and motorcycles (7.1 percent); spare parts, accessories & lubricants for vehicles (7.1 percent); home appliances, furniture (11.5 percent); and fuel for vehicles (2.6 percent). On a monthly basis, retail trade dropped 4 percent, after an upwardly revised 2.1 percent gain in the previous month. Considering the third quarter as a whole, retail trade rose 8.3 percent compared to the same period of 2018.

2019-10-15
Colombia Retail Sales Growth at 9-Month High
Colombia's retail sales surged 9.5 percent year-on-year in August 2019, following a downwardly revised 8.1 percent rise in the prior month, as 15 out of 16 major retail categories posted gains. This is the biggest increase in retail sales since last November, boosted by computer and telecommunications equipment for personal or domestic use (30.9 percent); food & non-alcoholic beverages (8.3 percent); motor vehicles and motorcycles (9.2 percent); clothing and textiles (12.8 percent); home appliances, furniture (16.1 percent) and personal care products, cosmetics and perfumery (11.1 percent). On a monthly basis, retail trade went up 2.0 percent, after a downwardly revised 2.4 percent gain in the previous month.

2019-09-13
Colombia Retail Sales Rise the Most in 8 Months
Colombia's retail sales increased 8.5 percent year-on-year in July 2019, following an 8.5 percent rise in the previous month, as 15 out of 16 major retail categories recorded gains. It was the biggest increase in retail trade since November last year, mainly due to food & non-alcoholic beverages (7.7 percent); computer and telecommunications equipment for personal or domestic use (24 percent); motor vehicles and motorcycles (12 percent); fuels for vehicles (4.7 percent); spare parts, parts, accessories and lubricants for vehicles (5.6 percent); home appliances, furniture (10.2 percent); clothing and footwear (4.6 percent) and other products for personal or domestic use (10.8 percent). On a monthly basis, retail sales advanced 2.8 percent, rebounding from a 0.3 percent fall in June.

2019-08-14
Colombia Retail Sales Rise 7.2% in June
Colombia's retail sales rose 7.2 percent from a year earlier in June 2019, following an 8.2 percent advance in the previous month, as 10 of 13 major retail categories posted annual gains. Main contributions to growth came from: food & non-alcoholic beverages (11 percent); computer and telecommunications equipment for personal or domestic use (11.2 percent); motor vehicles and motorcycles (7.2 percent); home appliances, furniture (13.8 percent); and personal care products & cosmetics (11 percent).

2019-07-15
Colombia Retail Sales Rise the Most in 6 Months
Retail sales in Colombia increased 8.2 percent from a year earlier in May 2019, following a 4 percent rise in the previous month. It was the biggest gain in retail trade in six months. In May, 15 out of 16 product segments recorded increases including food & non-alcoholic beverages (9 percent); vehicles & motorcycles (15.5 percent); electronic products and telecommunications for personal or domestic use (10.4 percent); fuels for vehicles (3.6 percent); spare parts, parts, accessories & lubricants for vehicles (6.2 percent); personal care products, cosmetics & perfumery (9 percent); home appliances & furnishings (9.5 percent); clothing & textiles (4.4 percent); cleaning products for domestic use (10.6 percent); other goods for personal or domestic use (9.8 percent); and footwear & leather products (13.4 percent). On a monthly basis, retail sales advanced 8.1 percent, rebounding from a downwardly revised 5.2 percent fall in April.


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.

Colombia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -9.50 -14.40 38.80 -30.20 points [+]
Retail Sales MoM 8.80 2.50 66.00 -41.30 percent [+]
Retail Sales YoY 4.40 7.40 23.37 -7.59 percent [+]
Consumer Spending 156171.26 154268.65 156171.26 48409.00 COP Billion [+]
Private Sector Credit 269010.36 230155.80 574361.99 2536.00 COP Million [+]
Households Debt To GDP 27.85 26.73 27.85 9.00 percent of GDP [+]
Consumer Credit 152803.58 150258.44 152803.58 5413.41 COP Billion [+]
Gasoline Prices 0.78 0.74 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 [+]