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November 4, 2022
With data as of October, our high-frequency indicator to measure household consumption in Colombia continues to show a decelerating trend. The moderation in spending was observed in both goods and services and was deepened by the high statistical base of the October 2021 VAT-free day.
July 23, 2018
Q2 GDP moderated to 6.7% y/y amid the trade war and domestic deleveraging, down from the previous reading at 6.8% y/y and in line with the consensus. In particular, outturns of trade, industrial production and investment are below the market expectations and the previous readings. Headwinds are from domestic deleveraging initiatives and trade war with the US externally.
