LatAm Daily | In Colombia, inflation rose in May and GDP increased in 1Q16 at lower levels
Published on Monday, June 6, 2016
LatAm Daily | In Colombia, inflation rose in May and GDP increased in 1Q16 at lower levels
Summary
As we expected, CPI rose by 0.51% MoM in May (8.2% YoY), the highest level in 15 years as a consequence of the rise in electricity tariffs, while food inflation was low. We expect inflation to decrease in the coming months. GDP in 1Q16 decelerated (2.5% YoY) gradually with respect to last year’s GDP. Moreover, exports did not show any recovery; they fell by 24.8% in April.
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
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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