Although the balance on consumption so far this year is positive, Bancolombia’s report revealed that the indicator fell 0.5% in September.
(Selling Colombia as a country that is very good to invest: Ocampo).
The foregoing reflects a slowdown in the level of Colombian purchases, which until the ninth month of the year had shown a growth of 7%.
What happened? According to the study, inflation have been the main limitation of consumption at the end of the third quarter of the year.
(Colombia would lead unemployment rates in Latin America, according to the IMF).
Regarding supply, the entity reported that, in September, Colombians made purchases with Bancolombia cards in 435,743 commercial establishments, which represents a 25% increase compared to the same month in 2021.
In fact, in the week of September 29 to October 5, Bogotá was the city with the best level of shopping, with a growth of 2%. However, Cali, Pereira and Pasto presented strong decreases, close to 14%.
During that week of the year, addresses and online payments was the best performing category, growing 52%. Followed by sports and restaurants, with an increase of 17%.
(Poverty levels in the world would be worse than during the pandemic).
Finally, Bancolombia’s report details that there is evidence of a significant recovery process and a return to normality in the segments of travel And Entertainment, considering that it was one more affected by the pandemic.
However, consumption in the technology and clothing and accessories categories has decreased in recent months. Which may be a consequence of the rise in prices and interest rates.
BRIEFCASE
