Q3 Woes Continue in Spite of Q2 Surprises

COLOMBIA - Report 27 Sep 2013 by Veronica Navas and Andres Escobar
Executive Summary Surprisingly strong Q2 GDP results were driven by fast-expanding agriculture, construction and social services, and general economic activity grew by a healthy 4.2%. The big shock was in manufacturing, which expanded by 1.2%, though leading indicators had suggested a negative result. The financial sector also surprised, with 3.9% growth. That’s not bad, given the TES selloff in May. A rebound in oil refining revived the manufacturing sector, which was otherwise flat. As several sectors, such as editing and printing, transportation equipment production and paper and leather...

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.