As the graphics shows, there is a tendency in the people of reducing their consumption, even though there’s more opportunities and capacity to spend the preference of people is to save. Although in 2016 there’s a slight grow in propensity of people to spend.

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References
https://www.dane.gov.co/index.php/estadisticas-por-tema/pobreza-y-condiciones-de-vida/ingresos-y-gastos-de-los-hogares
http://www.banrep.gov.co/es/ipc
http://www.portal.euromonitor.com.ez.unisabana.edu.co/portal/statistics/tab