16 Jul 2019, Radoslav Yordanov, EMIS Editor
Colombia's retail sales grow sharply in May
This is sector's best result so far this year and it was driven by vehicles sales which increased 7.1% y/y during the month of reference. Food and bavarages sales also expanded significantly – 9% y/y, while textile and tobacco and alcholol purchases advanced 4.4% y/y and 5.1% y/y, respectively.
Retail sales also grew 2.38% m/m in seasonally adjusted figures, with only 2 of 16 components showing deceleration in m/m terms.
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