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Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.

The absolutely key takeaway from these developments is the fact that the institutions of Colombia are holding very firm.

The nationwide taxi protests did not have the effect the cabbies expected.

The oil sector dominated the headlines for a variety of reasons this week…and most of it was good news.

The Peso was badly hit during the holiday period dropping 4.87% to over 5,000 once again...

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

Services exports reached $7.641 billion, 30.9% higher than in 2020.

When taken in conjunction with the big decline in Consumer Confidence which was reported a fortnight ago, there are reasons for concern.

Colombia's manufacturing sector received $1.13 billion USD in Foreign Direct Investment

There is little question that the country is going in the right direction, even the unemployment data for September was considerably better than expected.