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

Colombia is very rarely, if ever, bereft of news, and this week was no exception. In fact it was a bit of a doozy!

Last week in Colombia was one totally bereft of either macro data or economic surveys; this week will be the polar opposite.

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

In contrast to the year 2021 that ended with inflation of 5.62%, in 2022, historically high annual inflation was recorded for Colombia of 13.12%, that is, 7.5 points higher than the previous year, a peak level that had not been registered since 1999, 23 years ago. The...

Foreigners now own $26 billion USD in local Colombian debt.

Two-thirds of those surveyed for the World Economic Forum’s Chief Economists Outlook expect a global recession in 2023

It has been a busy week for President Petro with visits to Santiago, Chile and Caracas, Venezuela.

Ocampo added that inflation should have slowed in December & this will allow the central bank to cease the tightening cycle.

Even though Christmas is this coming weekend, the week ahead will feature a number of economic releases.