Publications

Tourism spending grew by 4.7% year-on-year in the first four months of 2026, showing signs of deceleration. This moderation reflects weaker momentum in domestic tourism amid inflationary pressures, in contrast with the notable strength and resilience of demand from international visitors.

Where is the construction sector heading? Discover how the revival of civil works and the new dynamics of the rental market are reshaping housing in the country, opening key strategic opportunities amidst demanding commercial and technological challenges.

The update of the DiGiX index evaluates the digital readiness of 96 economies through six key dimensions, using 2024 data. It incorporates new indicators on artificial intelligence, cybersecurity, and infrastructure, highlighting the strong correlation between ecosystem maturity and the level of economic development.

The Colombian automotive sector experienced a strong recovery in 2025 and has further accelerated its momentum in 2026. Growth has been driven by improved household consumption, the rise of utility vehicles, and the advancement of hybrid and electric technologies.

The El Niño phenomenon in Colombia, with a probability close to 90% by September 2026, would bring drought conditions and higher temperatures. This climate shock would affect food supply and increase electricity generation costs, leading to temporary inflationary pressures in the economy.

The automotive market recovered supported by improved affordability, credit conditions, and lower exchange rate distortions. However, local production and the external sector still face structural constraints, limiting the sustainability of growth over the medium term.

The energy transition is reducing Europe's exposure to gas. In Spain, the strong expansion of renewables has helped contain wholesale prices, but system costs have prevented this decline from being fully passed on to consumers.