Colombia’s retail sector lost momentum in July 2026, with year-over-year sales growth easing to 5.3%, down markedly from the revised 14.7% annual expansion recorded in June 2026. The latest data, updated on 16 September 2026, highlight a sharp deceleration in consumer activity after a strong mid-year performance.
Both figures are measured on a year-over-year basis, comparing each month’s retail sales to the same month a year earlier. While retail sales continued to grow in July, the significantly slower pace suggests cooling demand or a normalization following June’s strong surge. Analysts and market participants will be watching upcoming releases closely to determine whether July’s slowdown marks a temporary pause or the start of a more sustained moderation in Colombia’s consumer-driven growth.
