Colombia | Weekly update BBVA Tracker: Consumption. 15 April, 2021
Published on Thursday, April 22, 2021
Big Data techniques used
Colombia | Weekly update BBVA Tracker: Consumption. 15 April, 2021
Total consumption is 10% below that recorded in the same period in 2019. On the other hand, consumption of services in April backs down to levels similar to those recorded in January (-40% compared to 2019), a month in which mobility restrictions were also implemented.
Key points
- Key points:
- At the same time that Covid-19 cases are increasing, spending in drugstores has a better dynamic in the last days of April compared to spending in department stores and grocery stores.
- Spending on restaurants, fuel and transportation fell to levels similar to those recorded in January as a result of April's mobility restrictions.
- While mobility restrictions remain in place, online spending continues to grow and is 50% above pre-pandemic levels.
- Bogota, Medellin and Barranquilla continue to be the cities with the greatest deterioration in consumption in April due to tighter mobility restrictions.
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