Andres Felipe Medina Grass
Andrés Felipe Works as a Senior Economist at BBVA research. He manages macroeconomic topics such as External sector, labor market and so on.Andrés Felipe possess a degree in economics from Universidad Nacional de Colombia – Sede Bogotá and is currently studing a Master in economics and Economic development in the same University.His labor experience relates to private sector, Colombia´s central bank and Departamento Nacional de Planeación. In the Latter, he contributed in the methodologic hardening of a Public spend evaluation tool.
The current account deficit reached USD 2,525 million in the second quarter and represented 3% of GDP, decreasing by 49% with respect to the value recorded in the second quarter of 2022. The deficit reduction was driven by the adjustment in the trade balance.
In May, unemployment showed mixed signals, with a reduction at the national level but an increase at the urban level. The service sectors led job creation and women were the main contributors to this creation, accounting for 99% of the jobs created compared to May 2022.
Colombia crecerá 1,2% en 2023 y 1,5% en 2024, apoyada en el crecimiento del sector público, del consumo privado por servicios y de las exportaciones. La inflación continuará ralentizándose y la política monetaria siendo restrictiva por un tiempo. La desaceleración de los países desarrollados será un desafío para el país.