All’s Well that Ends Well

COLOMBIA - Report 10 Jan 2014 by Veronica Navas and Andres Escobar
Executive Summary Q3 y/y GDP growth at 5.1% outstripped expectations, of 4.4% on average. As the strongest growth rate in more than six quarters, it has significant implications for monetary policy and the presidential elections, after a Q2 downward revision (to 3.9% from 4.2%) that stoked fears that the August farmers’ strikes would damage economic activity. Manufacturing’s two years of hard times is nonetheless a serious drag on growth: had manufacturing grown 4%, instead of -1%, GDP growth would have been 5.7%. Weak export growth is another drag: Q3 exports rose only 1.9%, compared with ...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.