Colombia’s retail sales surged by 23.3 percent year-on-year in April of 2022, following a downwardly revised 11 percent increase in the previous month and well above market forecasts of a 15.4 percent rise. It marks the 15th consecutive month of growth in retail activity and at the fastest pace since last August. The most important contributions came from higher sales of fuels (+25.4 percent), other vehicles and motorcycles (+40.9 percent) and clothing & textiles (+104.8 percent). source: Dane, Colombia
Retail Sales YoY in Colombia averaged 5.44 percent from 2000 until 2022, reaching an all time high of 75.20 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 2022.
Retail Sales YoY in Colombia is expected to be 5.50 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 2.00 percent in 2023, according to our econometric models.