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February 21, 2025
Colombia is advancing in artificial intelligence with the national policy CONPES 4144, which invests $479 million to boost productivity until 2030. It focuses on 6 pillars, promoting regional hubs and strengthening public-private collaboration to ensure equitable benefits, especially for SMEs and rural areas.
February 19, 2025
Mexico imposes temporary tariffs of 15 to 35% on 155 tariff items in the textile and clothing industry, modifies the Immex Decree to limit access in these sectors. Finally, it establishes a global rate of 19% on products imported through digital platforms from countries without a trade agreement, including China.
February 19, 2025
This report examines U.S. reciprocal tariffs on Asian economies after President Trump’s announcement to match trading partners' tariffs. Findings show these tariffs won’t significantly cut U.S. trade deficits, as imbalances stem from comparative advantages, supply chains, and production costs, not tariff rates.
February 17, 2025
GDP grew 4.9% y/y in December. By productive sectors, the primary component stood out (+9.0%) due to the strong expansion of the fishing sector and the advance of the agricultural sector. On the non-primary component side, it grew 3.3%. With the December result, GDP grew 4.2% in Q4 and 3.3% in 2024.
February 17, 2025
GDP grew 1.7% in 2024, led by domestic demand (+2.2%). Private consumption (1.6%) was driven by a rebound in durable goods and services, while fixed investment (3.0%) grew due to machinery, equipment, and civil works. In 2025, growth is expected at 2.5%, with better financial conditions but fiscal and global risks.
February 17, 2025
The parliamentary process should amend the proposal so that the reduction of the workday happens gradually, with increases in productivity and through collective bargaining, minimizing distortions and avoiding additional inefficiencies in the labor market.
February 14, 2025
The labor market in 2024 performed well in terms of job creation and showed an acceleration in the last three months. The average unemployment rate was 10.2% in 2024, the same as in 2023. However, in the last quarter, it dropped to 9.7% (seasonally adjusted), in line with the increase in job creation.
February 12, 2025
Formal employment began 2025 with a 0.8% increase, adding 73 thousand new positions—87.1% of which were temporary—reflecting the trend observed since last year. Despite the slowdown in job creation, real wages continue to grow above the average, supporting consumption.
