Tag

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

Telefónica Movistar is the second largest telecommunications operator in Colombia, offering mobile, fixed & B2B services.

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

Almost 40% of Colombia’s exports of non-mining goods were destined for Latin America and The Caribbean in September

Gross profit for the third quarter of 2022 nearly doubled to $105.3 million, representing a 52.2% gross margin

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...

This is inflation week and September CPI is expected to be 0.78% (slowing slightly from 1.02% in August) with the 12m rate rising to 11.29%.

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

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?'