Retail Sales in Colombia increased 22.90 percent in December of 2018 over the previous month. Retail Sales MoM in Colombia averaged 2.14 percent from 1999 until 2018, reaching an all time high of 66 percent in December of 1999 and a record low of -41.30 percent in January of 2003.
Retail Sales MoM in Colombia is expected to be -15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Colombia to stand at 1.50 in 12 months time. In the long-term, the Colombia Retail Sales MoM is projected to trend around 1.60 percent in 2020, according to our econometric models.