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.