Colombia Consumer Spending  Forecast


Colombia Consumer Spending
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Consumer Spending in Colombia is expected to be 88800.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Colombia to stand at 89100.00 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 90000.00 COP Billion in 2020, according to our econometric models.


Colombia Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -10 -12 -10 -8 -8 -7
Retail Sales MoM -2.3 2.01 3.05 1.97 2.04 1.6
Retail Sales YoY -0.6 1 1 1.2 0.7 2.3
Consumer Spending 88993 88800 89000 89050 89100 90000
Private Sector Credit 221300 218924 214555 210443 206512 178053
Consumer Credit 122339 123458 125539 127392 129033 136468
Gasoline Prices 0.77 0.76 0.75 0.74 0.74 0.71
Consumer Confidence Economic Expectations -10.9 -6.34 -4.24 -2.4 -0.78 7.44
Consumer Confidence Financial Expectations -35.2 -27.81 -25.21 -22.77 -20.69 -10.84