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19 Aug 2022 LatAm Monitor Colombia's Impressive Economic Growth in H1 will Peter Out, Soon

Andres Abadia (Senior International Economist)18th Aug 2022 19:40Latin America, Daily Monitor

Colombia’s Q2 GDP withstood an array of domestic and external shocks, but momentum will ease soon.

The current pace of economic activity is unsustainable; high inflation and uncertainty will bite.

BanRep will hike again in September; the bank is still behind the curve and key threats loom.

banrep business investment construction credit domestic economy downside risks election exports fiscal tightening food prices government housing prices imports inflation expectations July key services sector manufacturing policymakers q2 q2 gdp q3 rate hike raw materials real disposable incomes real gdp real imports services sector trade

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