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Published on Monday, July 29, 2019

Colombia | Two Faces of the Same Economy

Economic sentiment indicators where published, showing mixed signals that make reading the economy more complex than usual. Consumer confidence continued deteriorating while industrial and commercial confidence improve and are in positive territory.

Key points

  • Key points:
  • Commercial confidence data consolidates in high numbers
  • Industrial confidence data consolidate their recovery from negative to positive numbers.
  • Consumer confidence continues in negative territory with no signs of improving.
  • Mixed data explain in good measure why the economy seems to have stop accelerating.

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