Latin America Economics Update Weakness in Colombian investment to be temporary Colombia’s economic recovery has been held back by weak investment which appears to be a result of the recent slump in the property market. But this property downturn now seems to have passed its... 5th April 2018 · 1 min read
Latin America Economics Update Colombia still open to rate cuts, Chile on hold for now Colombia’s central bank left its policy rate unchanged at 4.50% last night, but the accompanying statement left the door open for further easing in the near term. Meanwhile, Chile’s central bank kept... 21st March 2018 · 1 min read
Latin America Economics Update Colombia: legislative elections pave way for Duque Right and centre-right parties secured the most seats in yesterday’s legislative elections in Colombia, bolstering the chances of an Iván Duque presidency and dealing a blow to left-wing candidates –... 12th March 2018 · 1 min read
Latin America Economics Focus What next for the Andes? We expect recoveries in Colombia, Chile and Peru to continue over the coming years as investment strengthens and consumer spending picks up. There are downside risks to the outlook – namely large... 8th March 2018 · 1 min read
Latin America Economics Update Colombia: notes from the ground We have just returned from a week of meetings with clients and local contacts in Bogotá. In this Update, we summarise four key takeaways from our visit. 5th March 2018 · 1 min read
Latin America Data Response Colombia GDP (Q4) Colombian GDP growth slowed from 2.3% y/y in Q3 to a weaker-than-expected 1.6% y/y in Q4, but we still expect the economy to recover over the course of this year. 15th February 2018 · 1 min read
Latin America Economics Update Colombia’s recovery to strengthen in 2018 We expect economic growth in Colombia to accelerate over the course of 2018. Inflation should fall sharply from the start of this year and interest rates are likely to be cut further. We do not... 22nd January 2018 · 1 min read
Latin America Economics Update Rally in Lat Am markets cools, but strong Q3 overall Latin America’s financial markets have come under a bit of pressure over the past week or so but the bigger picture is that they have had a strong Q3 overall, comfortably outperforming markets in... 28th September 2017 · 1 min read
Latin America Chart Pack Recovery in Latin America steps up a gear The past month has brought further evidence that the recovery in Latin America is picking up pace. Our GDP Tracker suggests that regional growth is now running at a three-year high of 3% y/y. The... 27th September 2017 · 1 min read
Emerging Markets Economics Update Drop in CA deficits take EMs out the firing line There are several reasons why the gradual tightening of monetary policy in developed markets is unlikely to cause major problems for EMs, but one of the most important is that current account deficits... 26th September 2017 · 1 min read
Latin America Chart Pack Brazil’s political crisis puts back pension reform The past month has brought some signs that the continuing political crisis in Brazil is starting to weigh on the more ambitious elements of the government’s reform programme. While President Temer’s... 30th August 2017 · 1 min read
Latin America Economic Outlook Recovery to strengthen over coming year After a torrid couple of years, the economies of Latin America have turned a corner and we expect growth to strengthen over the rest of 2017 and into 2018. Inflation has fallen in most countries and... 23rd August 2017 · 1 min read
Latin America Data Response Colombia GDP (Q2) & Peru Econ. Act. (Jun.) The uptick in Colombian GDP growth in Q2 suggests that the economy is probably over the worst. Even so, the recovery in the second half of the year is likely to be weak and we remain comfortable with... 15th August 2017 · 1 min read
Latin America Economics Update Colombia slows pace of easing, but significant rate cuts still likely The statement accompanying the Colombian central bank’s decision to slow the pace of interest rate cuts to 25bp (from 50bp previously) suggests that policy might not be loosened as aggressively in the... 28th July 2017 · 1 min read
Latin America Chart Pack Regional inflation hits seven-year low Inflation has continued to fall across Latin America – our measure of regional inflation (excluding Argentina and Venezuela) dropped below 4% y/y for the first time since 2010 last month. This is due... 26th July 2017 · 1 min read
Latin America Economics Update Colombian interest rates to fall by more than most expect The decision by Colombia’s central bank to step up the pace of easing caught the consensus off guard, but supports our view that the policy rate will be cut by more than most expect this year. We... 3rd July 2017 · 1 min read
