Latin America Data Response Colombia GDP (Q1) The sharp slowdown in Colombian GDP growth in Q1 reinforces our view that the economy is set to slow further than most expect this year. 3rd June 2016 · 1 min read
Latin America Economics Update Colombia: Tightening cycle close to an end A larger-than-expected hike in interest rates last week, coupled with the fact that inflation should soon peak, means that we suspect that Colombia’s tightening cycle is now nearing an end. We are... 3rd May 2016 · 1 min read
Latin America Economics Update Policymakers step in to defend currencies Policymakers in Mexico and Colombia this month responded to the sharp falls in their currencies by hiking interest rates and stepping up intervention in foreign exchange markets. These moves appear to... 25th February 2016 · 1 min read
Latin America Economics Update Warning signs from Colombia’s current account The widening of Colombia’s current account deficit in recent months is a major cause for concern and a key factor behind our below-consensus view that growth will slow further in 2016. 14th January 2016 · 1 min read
Latin America Data Response Colombia GDP (Q3) The modest pick-up in Colombian GDP growth suggests that the economy is coping relatively well with the significant terms of trade shock from lower oil prices and growth looks set to be a respectable... 10th December 2015 · 1 min read
Latin America Economics Update Colombia’s tightening cycle has further to run The smaller-than-expected 25bp hike in Colombia’s benchmark interest rate, to 5.50%, suggests that policymakers are starting to worry about the impact of tighter monetary policy on the economy. But... 30th November 2015 · 1 min read
Latin America Data Response Brazil, Chile & Colombia Consumer Prices (Oct.) October’s rise in Brazilian inflation, to 9.9% y/y, was due in part to a fresh increase in regulated fuel prices, but it looks like the recent slide in the real also played a role. Elsewhere in Latin... 6th November 2015 · 1 min read
Latin America Economics Update Further interest rates hikes likely in Colombia The decision by Colombia’s central bank to hike interest rates by more than expected was a move partly designed to clamp down on a recent surge in inflation but also to maintain its credibility in the... 2nd November 2015 · 1 min read
Latin America Economics Update Colombia raises interest rates, another hike likely by year-end The Central Bank of Colombia’s decision to hike interest rates took many analysts by surprise and demonstrated policymakers’ determination to keep inflation under control. However, with inflation... 28th September 2015 · 1 min read
Latin America Data Response Colombia GDP (Q2) The pick-up in Colombian GDP growth in the second quarter was encouraging, but with the full effects of the fall in oil prices yet to feed through, this is as good as it’s going to get for the next... 10th September 2015 · 1 min read
Latin America Economics Update Colombia: chance of rate hikes growing A sharp fall in its currency, rising inflation and a widening current account deficit have increased the chance that Colombia’s central bank will tighten monetary conditions in the coming quarters... 18th August 2015 · 1 min read
Latin America Economics Update Colombian policymakers unlikely to follow the Fed The decision by Colombia’s central bank to leave interest rates unchanged at 4.50% last night was not a surprise – but what was more notable was that, given the economy’s large current account deficit... 25th June 2015 · 1 min read
Latin America Data Response Colombia GDP (Q1) The slowdown in GDP growth in Colombia in the first quarter was not as bad as some had feared, but it was still a weak outturn. And with the full effects of the fall in oil prices yet to feed through... 12th June 2015 · 1 min read
Latin America Economics Update What next for crisis-stricken Venezuela? With Venezuela’s economic crisis intensifying, attention is starting to focus on how the country might get out of this mess. Two options have been suggested in recent weeks – one is the establishment... 9th June 2015 · 1 min read
Latin America Economics Update Markets in Brazil and Colombia suffer fresh falls Following a brief recovery last month, Brazilian and Colombian financial markets have sold off in recent weeks, with both equities and currencies coming under pressure. But elsewhere in Latin America... 27th May 2015 · 1 min read
Latin America Economic Outlook Recovery stalls as Brazil suffers renewed downturn The recovery that appeared to be underway in Latin America at the end of last year has faded in recent months, with several of the region’s economies experiencing renewed downturns. The latest... 13th May 2015 · 1 min read