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The m/o/m decline of 0.3% points to a gradual slowdown in the Colombian economy.

President Petro is in NY to address the UN on climate change and sustainability

Emerging market central banks may have acted faster than those of the developed world, but it doesn't mean they have done enough.

Ocampo has been charged in the first instance with the completion of both a complex tax reform and a development plan by the end of the year.

In terms of consumer expectations, Colombians experienced an improvement from -7.4% to -3.5%.

Aside from his role as head of international investment for the BVC Colombian stock exchange and providing a column on economics for Finance Colombia, Rupert Stebbings has served on the board of directors for Viva, and wrote the corporate biography, "The Viva Effect."

Sectorially, financials (94.1%) are the top pick followed by Energy (82.4%), while oil has dropped away to 35.3%.

The big question on most investors' lips is 'Does Colombia have inflation under control?'

On the bright side GDP expectations continue to improve. In March the FY2022 consensus is at 4.5%, above the 4.2% of February.

The Peso remains a lottery - with an election in 3 months and the continuing 'red under the bed' narrative.