Colombia's retail sales advanced 22.8 percent over a year earlier in May of 2021, slowing from an upwardly revised 75.1 percent surge in April and missed market expectations of a 24.6 percent jump. The most important contributions came from sales of other automobiles and motorcycles (116.5 percent); household automobiles and motorcycles (85.1 percent); clothing (203.0 percent); auto fuels (17.2 percent); and auto parts, accessories, and lubricants (30.5 percent). On a monthly basis, retail sales fell 4.2 percent, following a 16.2 percent plunge in April. source: Dane, Colombia
Retail Sales YoY in Colombia averaged 4.84 percent from 2000 until 2021, reaching an all time high of 75 percent in April of 2021 and a record low of -43 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Retail Sales YoY in Colombia is expected to be 7.00 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 4.50 percent in 2022 and 4.90 percent in 2023, according to our econometric models.