Colombia's retail sales grow 11.7 percent in May

Real retail sales in Colombia rose 11.7 percent in May 2026 according to DANE. Employed personnel grew 1.6 percent compared with the same month last year.

DANE published the results of the Monthly Commerce Survey for May. Eighteen lines of merchandise recorded positive variations, while only fuels for motor vehicles showed a decline.

The largest contributions to annual growth came from the motor vehicles and motorcycles lines, which added 4.0 percentage points. Between January and May real retail sales grew 11.9 percent.

The activities that most boosted the sector were sales of new motor vehicles, which rose 25.1 percent, and sales in establishments specialized in food, which varied 8.8 percent. Together these activities contributed 7.5 percentage points to the period's growth.

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Colombian workers in Bogotá celebrating falling unemployment with a graph overlay showing 8% rate
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Unemployment in Colombia falls to 8% in May according to DANE

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The national unemployment rate stood at 8% in May 2026, one percentage point lower than the previous year, the DANE reported. The figure is the lowest for that month since 2001.

A Fenalco survey reveals April sales posted the weakest performance of the year. Just 32% of businesses reported increases while 68% saw sales hold steady or fall compared with April 2025.

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Dane reported Bogotá's GDP grew 4.6% in Q3 2025 year-on-year, surpassing Colombia's national figure of 3.6% from the same period in 2024. Growth was fueled by commerce, transport, and services sectors. Year-to-date through Q3, the capital's GDP expanded 3.9%.

Colombian exports reached US$5.315.9 million FOB in March 2026, up 20.9% from March 2025, according to the Dane. The growth was driven mainly by a 149.2% rise in the other sectors group, led by non-monetary gold. For the first quarter, exports totaled US$13,809.5 million, a 15.5% increase.

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Shopping center Nuestro Bogotá generated sales of more than 18.5 million dollars in the first three months of 2026, up 2 percent from the same period last year.

DANE reported that annual inflation in May reached 5.84%, driven by housing and food, placing the country with the third-highest cost of living in the region.

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Annual inflation in Colombia reached 6.14 percent in June, up from 5.84 percent in May and marking four straight months of acceleration.

 

 

 

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