19 July 2023 LatAm Monitor Economic Activity Likely will Improve in the Andes, but El Niño is a Threat
17th Jul 2023 20:32Latin America, Daily Monitor
- Colombia’s GDP rebounded in May, but leading indicators still point to difficult times in Q3.
- Peru’s economic activity was badly hit in Q2 by El Niño, and the weather nightmare is far from over.
- With inflation falling rapidly in both countries, central banks will start to cut rates soon, weather permitting.
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