Pantheon Macroeconomics - May's activity data underline the weakness of Colombia's economic growth. Domestic demand still is under pressure due to the lagged effect of the deterioration in the terms of trade and other temporary shocks in 2016, and the VAT increase in January this year.

Latin America | 18 July 2017 Colombia's Economic Prospects Remain Poor, but they will Improve
May's activity data underline the weakness of Colombia's economic growth. Domestic demand still is under pressure due to the lagged effect of the deterioration in the terms of trade and other temporary shocks in 2016, and the VAT increase in January this year.

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18 July 2017 Colombia's Economic Prospects Remain Poor, but they will Improve

By Andres Abadia

May's activity data underline the weakness of Colombia's economic growth. Domestic demand still is under pressure due to the lagged effect of the deterioration in the terms of trade and other temporary shocks in 2016, and the VAT increase in January this year.

Posted: 17th Jul 2017 in 'Latin America'

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