Tag: ISE

‘We are on the verge of an economic recession’

‘We are on the verge of an economic recession’

What measures should be taken to prevent a recession? José Manuel Restrepo, in dialogue with El HERALDO, indicated that to face this reality, messages of assurance of confidence in private investments must be sent by the government. “Since the discussion about reforms that have effects contrary to those of private investment is not helpful at […]

Is Colombia alert because of the decline of the economy?

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 […]

The annual growth rate of the economy until August was 8.6%

The annual growth rate of the economy until August was 8.6%

The financial holding company’s analysis reiterated that it had a growth of GDP by 7.8% over the whole year. “Despite the positive surprise in the August 2022 results, the accumulated effects of the Banco de la República rate hike cycle, continued inflationary pressures and the depreciation of the Colombian peso will affect private consumption dynamics […]

Economic growth in May was 16.5%

Economic growth in May was 16.5%

In May 2022, tertiary activities, which represent 70% of value added, grew by 14.8% compared to the same month in 2021 and contributed 11 percentage points to the growth of the economy. These activities are related to electricity, gas, steam and air conditioning services; wholesale and retail; transport, accommodation and food; financial and insurance services; […]

The country’s economy grew by 7.6% in March 2022

The country’s economy grew by 7.6% in March 2022

In March 2022, the Economic Monitoring Indicator (ISE) registered an annual growth of 7.6%. The National Administrative Service of Statistics (DANE) made the announcement, where it reported month-on-month growth of 0.0%. DANE’s director, Juan Daniel Oviedo, indicated that trade, maintenance, transportation, storage, accommodation and foodservice was the sector that contributed the most to the ISE […]

Colombia’s economy grew by 8.1% in February 2022

Colombia’s economy grew by 8.1% in February 2022

In February 2022, the Indicator for Monitoring the Economy (ISE) registered an annual growth of 8.1% and a variation of 1.6% compared to January this year. This was reported by National Administrative Department of Statistics (DANE)who pointed out that the increase in economic activity is significant compared to February 2021, when they showed an annual […]

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