Colombia | Weekly update BBVA Tracker: Consumption. 10 Jun, 2021

Summary

Consumption improves its dynamics so far in June and is 13.2% above that recorded in the same period in 2019. Services show an important rebound and are once again above their pre-pandemic level, while consumption of goods slows down.

Key points

• Key points:
• Drugstore spending is 42.1% above pre-pandemic levels, reaching a new high since the beginning of the pandemic.
• The first days of June have already seen a rebound in fuel spending, but still well below the first quarter.
• Airline spending continues to spike, driven by the start of the holiday season and, possibly, by vacation tourism.
• In Bogota, consumption is advancing strongly and is already 17% above that recorded in the same period in 2019.

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