Colombia - Real Retail Sales





Colombia: Real Retail Sales

Mnemonic WRT$.ICOL
Unit Vol. Index 2013=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 2.34 %
Data Jul 2019 128.88
Jun 2019 125.93

Series Information

Source National Administrative Department of Statistic (DANE) - Colombia
Release Retail Sales
Frequency Monthly
Start Date 1/31/1999
End Date 7/31/2019

Colombia: Consumer

Reference Last Previous Units Frequency
Real Retail Sales Jul 2019 128.88 125.93 Vol. Index 2013=100, NSA Monthly
Retail Sales Jul 2019 158.37 153.73 Index 2013=100, NSA Monthly

Release Information

The National Administrative Department of Statistics - Colombia (DANE) reports monthly data on sales in the retail sector. The index includes total retail and vehicle sales (excluding fuel) at a nominal and real value. Figures are based 2013 = 100 and are not seasonally adjusted (NSA). 

In addition, DANE reports monthly data on vehicles sales by type. The data includes total value of sales in millions of Colombian pesos (Mil. COP) and total units sold (#). Figures are not seasonally adjusted (NSA).

Data is obtained from the Monthly Retail Trade Sample (MMCM).  The survey is based on existing publications and surveys of the domestic trade sector. Economic activities are structured according to ISIC Rev.3 AC Activity.

Retail trade is the re-sale of new goods that are for consumption, personal, or household use. Commercial activities conducted at pawn shops, lottery outlets, mobile points of sale, homes, and telemarketing activities are not included. Activities associated with maintenance and repair are also excluded. 

Data for vehicle sales is obtain from the unique form, Monthly Sample of Motor Vehicles Trade and Retail Trade of Their Parts, Accessories, Fuels and Lubricant. The results of this form are published on a quarterly basis, which allows the MMCM to publish monthly information (privately owned vehicles, trucks, motorcycles, off-road vehicles) related to the trade of vehicles.

Detailed vehicles-types in the MMCM reporting form include: private cars, campers (fit for all terrain), motorcycles (ATVs, motorized tricycles), public transportation vehicles, cargo vehicles, and other (specified by the respondent e.g. ambulances, firetrucks).

The value of sales are expressed without indirect taxes (Value Added Tax and consumption tax) for each group of merchandise traded by the company during the month. Also, the percentage of the internet sales share must be evidenced. Sales records correspond to net sales, which are equivalent to sales less (-) discounts, offers and others.

Data is subject to revisions.

For more information please visit: Source Methodology.