The stronger-than-expected Q1 GDP data from Colombia suggest that the risks to our forecast for the economy to expand by 0.8% over 2023 as a whole are skewed to the upside. That said, there were signs of underlying weakness in the data and we expect the economy to lose momentum over the course of the year as high inflation and tight monetary policy take their toll.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.