According to the most recent report from the Dannypublished last week, in 2023 the 33% of Colombians was in condition monetary poverty, which fell by 3.6 percentage points compared to 2022, when it was 36.6%. In this CaribbeanMeanwhile last year the 49.4% of coastal residents were in financial povertyand in 2022 the 54.1%Yesand reduced by […]
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Colombia escaped a recession, but growth was very weak in 2023
Was it possible to avoid this recession In Colombia? Yes, but the economy is growing It wasn’t the most anticipated by everyone, as the country’s economy grew just 0.6% in all of 2023. National Administrative Service for Statistics (Deen) in delivering the results of the Gross Domestic Product (GDP) Colombian. (Look here: After GDP data, […]
After the GDP data, Minhacienda asks the Bank of the Republic to reduce interest rates
This result confirmed that 2023 was a year severely affected by the effects of climate change economic slowdownbecause when it is compared with the total of economic growth that was presented in 2022, the difference was 6.7 percentage points, as growth in that year was 7.3%. It is also the lowest result of the 21st […]
The country’s economy is growing very slowly and remains alert, Andi and analysts say
The country’s economic activities generally show that it responded in November last year compared to the same month in 2022. The National Ministry of Statistics, Dane, in its Economic Monitoring Indicator (ISE), showed that the country’s economic activities Overall, primary, secondary and tertiary services grew by 2.23% and for the January-November 2023 period, the ISE […]
Transport, food and services gave ‘weight’ to inflation in 2023
The measure of the change (variation) in the price of goods and services representative of household consumption in the country known as basket, as defined by the National Ministry of Statistics (Dane), the CPI in Colombia, in eleven months analyzed, showed that the costs reflected in activities related to transportation, services and food prices showed […]
The number of building permits in the country continues to decline, the Dane said
The building permits They are part of a series of public administrative control instruments, the aim of which is to control the growth and development of the economy in a coordinated manner townsmunicipalities or territories, as well as promoting the enforcement of standards adopted regarding the structure of a buildreserve areas, beautification and road construction. […]
The country’s imports fell by 12.3% in October, the Dane said
In turn, October 2023 will see the importation of produces participated with 71.9% of the total value of the importsfollowed by fuels and products from the industries extractives by 14.2%, agricultural, food And drinks by 13.7%, and other sectors by 0.2%. In the tenth month of the year the imports by Colombia derived from USA […]
Is Colombia alert because of the decline of the economy?
Economist Clara Inés Pardo, professor at the School of Administration of the Universidad del Rosario, analyzed that this result invites the national government to take measures. “If economic activities in the country generally decline. That is not healthy for the economy, because the various productive sectors must grow and not shrink, because the health of […]
What are the inflation forecasts for November?
“We expect a variation of 0.60%,” he indicated. Camilo Perezresearch manager economic of the Bank of Bogotá. Andrés Langebaek, director of economic studies at Grupo Bolívar, pointed out that he expects an acceleration in the food sector from 0.2% in October to 0.91% in November. Ultra-processed food, gasoline and rising energy rates can influence inflation […]
Rental properties in the country have increased from 40% to 47%
The Labor Market Report of the National Ministry of Statistics, dane, In the tenth month of the year, it appeared that real estate activities contributed 0.4 percentage points to the occupancy rate, while housing and services contributed 1.2 percentage points and public administration 0.8 percentage points. “Besides, inside the third quarter of the yearHe gross […]