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March 21, 2025
Colombia | Automotive Outlook 2025
Colombia’s automotive sector showed signs of recovery in 2024, with a 7.9% sales increase driven by utility vehicles and taxis. Domestic production declined significantly, while imports grew. Improved macroeconomic conditions are expected to further boost the sector in 2025 and 2026.
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March 17, 2025
Spain | Economy stuck between positive momentum in Spain and global uncertainty
Amid the current environment, uncertainty over the trend in global (mainly) and local economic policy is currently very high, which can have significant and hard to predict consequences on the decisions of households and businesses alike.
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December 26, 2024
Spain | Mea culpa
With Christmas and the start of the new year nearly upon us, it is always good to look back and review what has happened over the last 12 months. My goal here is to do a mea culpa on where we got things wrong when we laid out our economic scenario a year ago.
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December 12, 2024
Europe | Easing path on track
As expected, today the ECB lowered interest rates by 25bp and revised down growth and inflation forecasts. Lagarde did not give many clues on the next steps but reaffirmed that the disinflationary process is on track. We maintain four more cuts for the first half of 2025 to 2% (depo).
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April 1, 2024
Spain | While waiting for the rains, regional growth is rooted in the services sector
Benefited by falling prices, especially energy ones, and lower interest rates, the Spanish economy is holding up better than expected. The distribution of regional growth is centered on the touristic regions and/or the ones producing high value-added services, which will lead the growth.
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