Tag: consumption

Household spending continues to decline: it has already been ten consecutive months of decline

Household spending continues to decline: it has already been ten consecutive months of decline Household spending continues to decline: it has already been ten consecutive months of decline

Raddar indicated this delay in this month’s issues could be attributed to the dynamics of the placement of creditswhich has been declining, with the annual variation in credit card placements for this period ultimately reaching negative territory. So is the dynamics of busy the accumulated twelve months was again in negative figures. “Despite a dynamic […]

Customized packaging for sustainability

Customized packaging for sustainability Customized packaging for sustainability

For more than 55 years, Litoplas SA, a company dedicated to the transformation of flexible packaging, has been characterized as a highly flexible organization. In this way, taking into account the social and environmental needs that arise, it promotes its sustainability strategy in order to safeguard and guarantee the sustainable development goals that it has […]

Household spending fell 3% in March

Household spending fell 3% in March Household spending fell 3% in March

Household spending fell by 3.0% in March compared to the same month last year. According to Raddar Gastometry, monthly household spending was $78.5 billion and in the past 12 months was $964.4 billion. According to the Raddar form, this decline may be related to the decline in spending placement through debt. This expenditure showed a […]

Inflation ruins the quality of life of homes

Inflation ruins the quality of life of homes Inflation ruins the quality of life of homes

Households of all socioeconomic levels are feeling the impact of the continued price increase which it has been presenting for more than a year, but in general the lowest incomes are most affected by the increases. According to DANE data, annual inflation in Colombia was 13.34% in March; but for the bad was 13.87%; for […]

Consumption is starting to lose momentum

Consumption is starting to lose momentum Consumption is starting to lose momentum

Barranquilla, Despite the pre-carnival season moving the local economy, it did not escape this trend, registering a 1.83% decrease in household spending in January compared to the same month in 2022, this rate is higher than the decrease in the national average, which was 1.6%. The study Consumer report from the firm Raddar points out […]

January, with more inflation and lower consumption, analysts announce

January, with more inflation and lower consumption, analysts announce January, with more inflation and lower consumption, analysts announce

Although it is expected that this year the inflation begins to decline Experts expect a peak in January. In line with this, another rate hike is expected for the Bank of the Republic at its first meeting of the year, which would be in the order of 50 basis points, bringing the indicator to 12.5%. […]

New vehicle sales in December, lowest in 12 years

New vehicle sales in December, lowest in 12 years New vehicle sales in December, lowest in 12 years

New vehicle sales in Colombia fell by 13.4% in December 2022 compared to the same month of the previous year. Runt figures and Andemos calculations indicate that 21,914 new vehicles were registered in the last month of the year, the lowest figure in the past 12 years. “The lower dynamics of the auto market is […]

Monetary and fiscal measures would help curb the recession

Monetary and fiscal measures would help curb the recession Monetary and fiscal measures would help curb the recession

However, it cannot be confirmed that the current plans that Government in social affairs are enough to boost the economy as a whole in a complex context like the current one. “An expansionary monetary policy would be needed, that is, if the intention of the bank of the Republic if there were no recession, he […]

Inflation accelerates supermarket spending and white brands grow by 22%

Inflation accelerates supermarket spending and white brands grow by 22% Inflation accelerates supermarket spending and white brands grow by 22%

Supermarket spending continues to grow, reaching almost €6 billion in the first seven months of the year, up 5.8% from the previous year. But in July alone, food sales grew 12.9%, the biggest increase since the beginning of the year, spurred on by the effect of inflation, which reached 9.1%. Distribution brands grew 22.1% against […]

Istat, high prices put families in crisis: sharp drop in retail sales

Istat, high prices put families in crisis: sharp drop in retail sales Istat, high prices put families in crisis: sharp drop in retail sales

Inflation weighs on household spending. The June Istat data on retail sales highlights, once again, the negative role played by the upward dynamics of prices, in particular of public services and other incompressible fixed costs, which leads Italians to reduce purchases while still spending more, with the risk of a true black autumn for consumption. […]

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