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.

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Colombia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 08:15 PM Mar 12% 5% 6.1% 4.5%
2022-06-15 03:00 PM Apr 23.3% 11% 15.4% 8%
2022-07-15 03:50 PM May 23.3% 13%


Related Last Previous Unit Reference
Retail Sales MoM 1.20 -1.00 percent Feb 2022
Retail Sales YoY 23.30 11.00 percent Apr 2022
Consumer Spending 179758.34 176187.95 COP Billion Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
23.30 11.00 75.20 -43.00 2000 - 2022 percent Monthly

News Stream
Colombia Retail Sales Growth Tops Forecasts
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).
2022-06-15
Colombia Retail Sales Growth Above Forecasts
Colombia’s retail sales jumped by 12 percent year-on-year in March of 2022, following an upwardly revised 5 percent increase in the previous month and well above market forecasts of a 6.1 percent rise. It marks the 14th consecutive month of growth in retail activity. The most significant increases in retail activity were recorded in sales of fuels (+11.8 percent), computers and telecommunication equipment (+58.9 percent) and other vehicles and motorcycles (+18.8 percent), home appliances, furniture (+32.2 percent) and clothing & textiles (+31.3 percent).
2022-05-13
Colombia Retail Sales Growth Slows Sharply
Colombia’s retail sales annual growth slowed sharply to 4.9 percent in February of 2022, from an upwardly revised, five-month high jump of 21.0 percent in the previous month. It was the slowest expansion in the retail sector since February 2021. The most important contributions came from sales of fuels (10.1 percent); vehicle parts, accessories, and lubricants (16.9 percent); and textiles and clothing (29.0 percent). On the other hand, sales declined for vehicles and motorcycles (-5.5 percent), food (-1.5 percent) and home appliances, furniture (-6.4 percent).
2022-04-13