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La economía creció el 0,2% t/t mostrando una composición atípica de la demanda en la que las principales partidas cayeron con fuerza y se dio un intenso proceso de sustitución de importaciones. En este contexto, las horas trabajadas disminuyeron (-0,1% t/t) y la productividad por hora aumentó (0,3% t/t).
The Colombian economy will moderate its growth, from high levels of activity, mainly due to lower private consumption. GDP will grow 0.7% in 2023 and 1.8% in 2024, after a gradual recovery from the end of this year. Inflation will gradually decline, ending this year at 9% and 2024 at 5%.
Turkish economy grew by 3.5% y/y in 4Q22 (vs. 3% exp. and 2.9% consensus), leading to an overall GDP growth of 5.6% in 2022. We maintain our GDP growth forecast at 3% in 2023 assuming expansionary fiscal policy and better global growth outlook …
In the era of the mass media, disinformation has become a factor that can cause destabilization, confusion, polarization, and harm to society.
Global growth will continue to decelerate gradually in 2023 and recover thereafter. Colombia's GDP will follow a similar path, mainly explained by lower household spending. Inflation will be lower over the next two years, allowing for lower int…
GDP growth forecast is revised moderately upwards to 4.6% in 2022 and 1.2% in 2023. The economy is holding up better than expected and the probability of recession is reduced. Activity will gain traction as NGEU funds are implemented and uncertainties dissipate, and will grow by 3.4% in 2024.
Turkish economy grew 3.9% y/y in 3Q22 (vs. 4% expected and 4.4% market consensus). We nowcast an annual GDP growth rate of 2.8% as of November, which puts a slight downside risk on our 2022 GDP growth forecast of 5.5%. We forecast 2023 GDP growth to be 3% with the expected boost in the first half of the year.
GDP grew 1.7% year-on-year in September. The decline that primary GDP has been showing steadily in September moderated, with the performance of mining standing out within it. The non-primary component, however, accentuated its tendency to weake…
The Chinese economy has experienced a bumpy V-shape recovery after the Shanghai lockdown was lifted, with Q3 GDP higher than expected.
The Colombian economy will enter a lower growth fase. Private consumption will stabilize at more sustainable levels in the medium term. Inflation will gradually moderate in 2023. The Central Bank will have space to start a gradual interest r…
GDP growth in 2022 is revised upwards (4.4%) and the outlook deteriorates in 2023 (1.0%). The economy could remain stagnant in the coming quarters, or register moderate declines, due to heightened uncertainty, higher inflation expectations and interest rates.
Chinese economy has experienced a bumpy recovery after the Shanghai lockdown was lifted. We lowered our 2022 prediction from 4.5% to 3.6%.
