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BanRep Governor Villar Says Fall In Private Investment A Concern

COLOMBIA
  • COLOMBIA 3Q GDP CONTRACTION WAS 'SURPRISING,' VILLAR SAYS
  • FALL IN COLOMBIA PRIVATE INVESTMENT IS A CONCERN
  • COLOMBIA CORE INFLATION HAS SLOWED LESS THAN EXPECTED (BBG)
  • As a reminder, Central bank Governor Leonardo Villar said last week that an important CPI drop would prompt a rate cut, placing significant emphasis on the December 07 release. Following the weaker growth data, BanRep also adjusted its growth forecast, now expecting 2023 GDP of 0.9%-1.0%.

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