Retail Sales in Colombia decreased 2.70 percent in August of 2020 over the previous month. source: Dane, Colombia

Retail Sales MoM in Colombia averaged 1.60 percent from 1999 until 2020, reaching an all time high of 66 percent in December of 1999 and a record low of -41.30 percent in January of 2003. This page provides the latest reported value for - Colombia Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Retail Sales MoM - values, historical data and charts - was last updated on October of 2020.

Retail Sales MoM in Colombia is expected to be -2.00 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 3.00 in 12 months time. In the long-term, the Colombia Retail Sales MoM is projected to trend around 4.30 percent in 2021 and 4.50 percent in 2022, according to our econometric models.

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Colombia Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-2.70 1.10 66.00 -41.30 1999 - 2020 percent Monthly

Colombia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -21.60 -25.40 38.80 -41.30 points [+]
Retail Sales MoM -2.70 1.10 66.00 -41.30 percent [+]
Retail Sales YoY -17.10 -12.40 23.37 -43.00 percent [+]
Consumer Spending 128728.10 156981.13 156981.13 48409.00 COP Billion [+]
Private Sector Credit 326347.16 328835.84 574361.99 2536.00 COP Million [+]
Consumer Credit 155289.85 155554.06 160754.27 5413.41 COP Billion [+]
Gasoline Prices 0.56 0.58 1.41 0.23 USD/Liter [+]
Households Debt To GDP 28.46 27.58 28.46 8.99 percent of GDP [+]
Consumer Confidence Economic Expectations -10.90 -12.40 48.80 -28.30 [+]
Consumer Confidence Financial Expectations -35.20 -43.10 25.30 -55.20 [+]

Colombia Retail Sales MoM
In Colombia, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Colombia, Retail sales are seasonal, volatile and relatively important to the overall economy.