Colombia's retail sales soared 32 percent over a year earlier in August of 2021, following a 26.9 percent increase in July and above market expectations of a 27.4 percent jump. It was the seventh consecutive month of growth and the biggest since April. The most important contributions came from sales of auto fuels (33.3 percent); household automobiles and motorcycles (74.7 percent); other automobiles and motorcycles (77.4 percent); clothing (100.6 percent); and auto parts, accessories, and lubricants (42.8 percent). Still, in August all sectors observed an increase in the volume of sales, except sound & video equipment (-0.3 percent). source: Dane, Colombia

Retail Sales YoY in Colombia averaged 5.18 percent from 2000 until 2021, reaching an all time high of 75.10 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 October of 2021.

Retail Sales YoY in Colombia is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Colombia Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-09-15 03:00 PM Jul 26.9% 24.7% 20%
2021-10-15 03:00 PM Aug 32% 26.9% 27.4% 27.4%
2021-11-11 03:00 PM Sep


Related Last Previous Unit Reference
Retail Sales MoM 8.30 18.20 percent Jul/21
Retail Sales YoY 32.00 26.90 percent Aug/21
Consumer Spending 162362.97 157805.35 COP Billion Jun/21

News Stream
Colombia Retail Sales Growth Stronger than Expectations
Colombia's retail sales soared 32 percent over a year earlier in August of 2021, following a 26.9 percent increase in July and above market expectations of a 27.4 percent jump. It was the seventh consecutive month of growth and the biggest since April. The most important contributions came from sales of auto fuels (33.3 percent); household automobiles and motorcycles (74.7 percent); other automobiles and motorcycles (77.4 percent); clothing (100.6 percent); and auto parts, accessories, and lubricants (42.8 percent). Still, in August all sectors observed an increase in the volume of sales, except sound & video equipment (-0.3 percent).
2021-10-15
Colombia Retail Sales Growth Miss Expectations
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.
2021-07-15
Colombia Retail Sales Jump 75%
Colombia's retail sales advanced 75 percent over a year earlier in April of 2021, following a 20.1 percent gain in the prior month, with the largest positive contribution coming from motor vehicle fuels (105.3 percent).
2021-06-15

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.