January retail sales up 8.8% on year: DANE

Colombia’s retail sales in January rose 8.8% year-on-year, according to official data released Thursday.

Sales of cars and motorbikes rose 31%, while sales of computers and home appliances rose 24%, according to the National Administrative Department of Statistics, or DANE.

The retail sales increase is the strongest since November 2007, when sales rose 9.1% compared with the same month in 2006.

In December, Colombia’s retail sales had expanded 2.7% on year.

Retail sales fell 2.7% in 2009, compared with 2008.

DANE said employment in the retail sector fell 1.7% in January compared with the same year in 2009.

Related posts

Colombia’s Senate agrees to begin decentralizing government

Colombia’s truckers agree to lift blockades after deal with government

Truckers shut down parts of Colombia over fuel price hikes