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Colombia's January retail sales surged 10.1% (vs. 4% expected), electronics up 50%, vehicles 23%, as manufacturing grew 1.9%.

It was an eclectic week, even by Colombian standards.

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

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

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

The Colombian motorcycle market is dominated by utilitarian, smaller bikes used by millions of people across the country for general transportation and commuting to work. But increasingly there are more and more luxury brands starting to make inroads and promote their offerings...

Compared to August 2016, Nissan showed the highest growth, while Renault, Chevrolet, and Kia all had negative results.

"You could say that this is a year of transition, and we are adjusting ourselves to a new reality,” said Juan Carlos González of Yamaha Incolmotos

"The Ducati client wants something from the high end that other people don’t have," said Sergio Cordoba.

Colombia’s largest bank Bancolombia this week lowered the interest rates on its mortgage offerings by up to 150 basis points. According to the Medellín-based financial institution, this move means its rates now start at 0.76% monthly, or 9.6% on an annual basis. The bank said...