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President Petro To Meet Maduro, BanRep Minutes

  • Colombia’s central bank economic staff forecasts that annual inflation will end 2022 at 11.3%, while dropping to 7.1% at the end of 2023, according to the October monetary policy report published on the bank’s website.
  • BanRep sees GDP growing 7.9% in 2022, slowing to 0.5% in 2023. The current account deficit seen at 6% of GDP in 2022 and at 3.9% in 2023.
  • Colombia President Gustavo Petro meets Venezuelan President Nicolas Maduro in Caracas to discuss bilateral relations.
  • 1500GMT/1100ET: October Davivienda PMI Manufacturing will be published, prior reading of 52.8
  • 2200GMT/1800ET: Colombia publishes its monetary policy minutes from Friday’s BanRep meeting.

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