Colombia | Weekly update BBVA Tracker: Consumption. 15 April, 2021

Summary

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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