Colombia: Retail sales
* indicates monthly or quarterly data series
The most recent value is 110.95 index points as of September 2024, a decline compared to the previous value of 116.79 index points. Historically, the average for Colombia from January 2003 to September 2024 is 86.45 index points. The minimum of 45.91 index points was recorded in February 2003, while the maximum of 149.58 index points was reached in December 2021.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: National Department Administrative of Statistics (DANE)
| Recent values | Colombia: Retail sales index |
|---|---|
| 2024 Sep | 110.95 |
| 2024 Aug | 116.79 |
| 2024 Jul | 114.28 |
| 2024 Jun | 109.53 |
| 2024 May | 109.76 |
| 2024 Apr | 104.94 |
| 2024 Mar | 107.53 |
| 2024 Feb | 104.14 |
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Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -4.50 | 9/2024 | percent |
| Retail sales | 110.95 | 9/2024 | index points |
| Retail sales Y-on-Y | 0.64 | 9/2024 | percent |
| House price index | 263.55 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | 0.22 | Q2/2024 | percent |
| Business confidence survey | -0.40 | 10/2024 | points |
| Consumer confidence survey | -3.70 | 10/2024 | points |