Population in Colombia
Colombia - PopulationEarly indicators suggest that the recovery lost some speed in the third quarter. Export growth plunged in September on a sharp contraction in exports of farming, food and beverages, outweighing the gains from a strong upturn in overseas sales of oil. This caused a weaker average pace of expansion in Q3 compared to the previous quarter. Furthermore, retail sales lost pace in the quarter, signalling a downturn in household consumption. Meanwhile, on 31 October, the government submitted a new tax bill to Congress to finance next year’s budget. The bill aims to raise COP 14 trillion (USD 4.37 billion) through higher taxes on middle- and high-income households, along with extending the value-added tax on more products. Yet, with the ruling party lacking a majority in Congress and lawmakers fiercely divided on the issue, it will be a no easy feat to secure approval for the bill.
Colombia - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||7.11||0.0 %||Nov 09|
|Exchange Rate||3,180||-0.17 %||Nov 09|
|Stock Market||12,355||-0.66 %||Nov 09|
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November 3, 2018
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in October, after a 0.16% month-on-month increase in September.
November 1, 2018
According to the National Department of Administrative Statistics (DANE), the annual pace of expansion in exports declined markedly to a six-month low of 3.8% in September from 13.1% in August.
November 1, 2018
Colombia’s manufacturing sector continued to weaken in October, with the seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) falling to 52.0 from 52.8 in September.
October 26, 2018
At its 26 October Board of Directors meeting, Colombia’s Central Bank (Banco de la República, BanRep) took the unanimous decision to keep the benchmark interest rate on hold at 4.25%, where it has been since 27 April when the Bank cut the rate by 25 basis points.
October 17, 2018
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 17 October, industrial production picked up slightly, growing 3.9% over the same month of the previous year in August.