Tag

Inflation fell more than expected in August to 6.1% (5.5% core), and the Central Bank hasn't met since the end of July.

"In response to these market dynamics, companies are striving for a more balanced strategy between growth and profitability," said Fitch Ratings.

The hope is that we will see another decline for January, but some are concerned about how the 12% minimum wage increase and El Niño have affected prices.

In October, the monthly reading was 0.25%, which led to a year-over-year number of 10.48%. Now, the question is how far it will fall this month.

ANDI) and the Ministerio de Hacienda moved together on this plea — in what is hopefully the start of a more harmonious relationship.

Despite opinion polls declaring we are heading for Armageddon, we see various stakeholders increasing the GDP outlook.

Inflation and high capital costs are causing deteriorating liquidity for Colombian corporates, according to Fitch.

Higher costs and supply chain challenges are pressuring Colombian flower exports.

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...

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