Colombia | BBVA Big Data Consumption Tracker. 28 oct, 2021

Summary

With five days left to the end of October, consumption so far that month maintains a good dynamic, growing 19.1% compared to the same period in 2019, slightly higher than in September (17.8%), although the highest since the beginning of the pandemic.

Key points

• Key points:
• Airlines, hotels, fuel and restaurants were the categories where household spending grew the most during the school mid term break.
• The increased openness of the economy and progress in vaccination is already reflected in higher household spending through physical channels. For the first time since the start of the pandemic, spending through physical channels is growing ahead of spending through online channels.
• Clothing spending dynamics remains strong driven by campaigns such as Cyber-Week that took place during the month.
• Barranquilla leads the recovery of consumption being the only major city that grows above the national total with a record of 29.9% compared to 2019.

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