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First Quarter GDP Rose Above Surveyed Median Estimates

COLOMBIA
  • Colombia’s economy grew faster than expected in the first three months of the year putting it on track to be Latin America’s top performer this year.
    • Colombia First-Quarter NSA GDP Rose 8.5% Y/y; Est. 7.7%
  • Fitch Says Colombia Has a Way to Go to Emerge From Junk Status
    • Colombia is unlikely to recover its investment-grade credit rating in the near term given its persistent high debt and deficits, according to Fitch Ratings.

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