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January 31, 2020

Colombia | The first meeting of the year

January is over and the calendar of the Board of the Bank of the Republic begins. In this little more than a month that has passed since December, the members of the Board are going to sit down to discuss a world that closed 2019 with calmer markets but with global growth that stabilized at low levels.

January 24, 2020

U.S. Macroeconomic Pulse. January 2020

Baseline assumes growth of 1.8% in 2020, potential upside emerging. Model-based recession projections suggest probability around 30% over the next 24-months. Moderate job growth and steady unemployment for foreseeable future. Inflation close to 2%, downside risks fading.
  • Geography Tags
  • USA

January 24, 2020

Eurozone | slightly upward growth forecasts, but weakness persists

Eurozone growth forecasts are revised slightly upwards due to better incoming data, but we continue to expect some slowdown from 1.2% in 2019 to 0.9% in 2020 before recovering gradually to 1.2% in 2021.

January 23, 2020

Colombia Economic Outlook. First quarter 2020

Colombia meets its potential growth level, driven by an accelerating internal demand.

December 12, 2019

Portugal | Recovery continues, but at more moderate rates

GDP growth in Portugal is expected to be slightly higher than estimated a few months ago. Specifically, GDP could reach 1.9% in 2019 and 1.7% in 2020. This upward revision is explained by the historical review of the activity data carried out by the INE and because of the positive trend shown by some components of demand.

December 6, 2019

U.S. Macroeconomic Pulse. December 2019

Baseline assumes growth of 2.3% in 2019 and 1.8% in 2020. Model-based recession projections suggest probability around 50% over the next 24-months. Moderate job growth and steady unemployment for foreseeable future. Inflation close to 2%, but downside risks remain.
  • Geography Tags
  • USA

December 5, 2019

Mexico | What explains the zero growth of the economy?

With the data available in the third quarter, it is already possible to know that the growth of the Mexican economy in 2019 will be around zero. This is because, as of the last quarter of last year, three consecutive quarters with negative growth were observed, followed by one without growth.

November 20, 2019

Mexico Regional Sectoral Outlook. Second half 2019

Most sectors have slowed markedly. Lower growth in 1H19, inertia defines the pattern of state performance.