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    February 24, 2025

    Europe | Gas still keeps EU on edge

    Recent fluctuations in gas prices have had a considerable impact on both activity and inflation. Going forward, we see supply factors that can moderate these tensions.

    February 9, 2025

    Colombia | Inflation remained at 5.2% for the third consecutive month

    Monthly inflation in January was 0.94%, exceeding analysts' expectations (0.82% projected in the Central Bank of Colombia’s survey). As a result, the annual variation remained stable for the third consecutive month at approximately 5.22%.

    December 9, 2024

    Spain | The impact on the economy of the increase in US trade tariffs

    It may well be negative in the short run, although it should be cushioned by the relatively low direct exposure of the Spanish economy to trade with the US. In the medium term, the outcome will be determined by the goals set by the new US President and the economic policy responses, both in the eurozone and in Spain.

    August 9, 2024

    Colombia | In July, annual inflation resumed its downward trend, standing at 6.9%

    In July, monthly inflation was 0.20% and annual inflation was 6.86%, close to market analysts' expectations, according to Banco de la República's survey (0.28%) and our forecast (0.24%). With this, the result is 32 bps below the previous month's figure.

    July 9, 2024

    Colombia | Annual inflation remains stable for the second month in a row in June, at 7.2%

    In June, monthly inflation was 0.32%, and annual inflation was 7.18%, slightly higher than the previous month's figure. The result was close to the expectations of market analysts who, according to Banco de la República's survey, expected a monthly variation of 0.28%.