Colombia | BBVA Big Data Consumption Tracker. 15 Oct, 2021

Summary

Consumption in October has maintained a good dynamic, growing 18.1% compared to the same period in 2019, slightly higher than in September (17.8%), although the highest since the beginning of the pandemic, but with a different composition between goods and services.

Key points

• Key points:
• Spending in drugstores has remained stable with growth close to 30%, while spending on food has accelerated so far in October.
• Airline spending shows a rebound of nearly 20 pp in the week leading up to the holiday week. Restaurant spending continues to soar.
• Clothing spending continues its upward trend and grows 23.0% compared to 2019, the highest since the beginning of the pandemic.
• Consumption in Barranquilla and Pereira has accelerated during the month and is above the national level; in the rest of the cities it is below the national level.

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