colombia
America
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Colombia's GDP declined by 3.6% y/y in Q4 2020
From a sectoral perspective, the biggest falls in output were for construction (27.7% y/y), mining and quarrying (19.3%) and artistic, entertainment and recreational activities (7.3%)
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Consumer inflation in Colombia accelerates in December 2020
Since the latest increase is small, it is yet to be confirmed if Colombia’s inflation is on an acceleration path
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Colombia’s trade deficit increased in October 2020
Colombia’s exports declined by 21% y/y to USD 2.6bn
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Colombia’s economy contracted by a more moderate 9% y/y in Q3 2020
Construction sector output plunged by 26.2% y/y
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Industrial confidence in Colombia improves and approaches pre-pandemic levels
Colombia’s industrial confidence indicator, published by the Foundation for Higher Education and Development improved in September
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Inflation in Colombia might have bottomed out
In August the indicator fell as low as 1.87% y/y
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Colombia: Industrial Confidence Index
Colombia’s industrial confidence index rose to 12.2 points in January 2020
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Colombia: Consumer Confidence Index
Colombia's consumer confidence growth as of December 2019