LatAm Daily | Imports in Colombia fall leading to a trade deficit of USD14.5bn
Published on Wednesday, January 20, 2016
LatAm Daily | Imports in Colombia fall leading to a trade deficit of USD14.5bn
Summary
The trade balance stood at -USD14.5bn driven by the decrease in imported fuel oil and capital goods. December's consumer confidence fell in line with lower retail sales, while industrial production recovered mainly thanks to the start of operations at the Cartagena refinery. We expect COPOM to keep the Selic rate on hold today in Brazil despite its recent hawkish tone.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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