Colombia's retail sector experienced a notable slowdown in February 2025, as growth in sales reached 7.5% compared to the same month last year. This marks a significant decline from January's performance, which saw a robust year-over-year increase of 10.2%. The latest data update, provided on April 15, 2025, highlights a changing landscape for Colombia's consumer market.
The 2.7% drop in retail sales growth between January and February indicates a potential cooling off period following a dynamic start to the year. Analysts suggest that various factors may have contributed to this deceleration, including adjusting consumer spending habits or challenges in supply chains that have affected the availability of goods.
Economists will be closely monitoring how these figures impact the broader economic climate in Colombia, particularly as the country navigates potential economic shifts amid global uncertainties. The decline in retail sales growth could also prompt policymakers to consider measures to stimulate consumer activity and ensure steady economic progress throughout the year.
