Unemployment in Colombia
Colombia - UnemploymentEconomic growth weakened slightly in Q3 as the government intensified its fiscal consolidation efforts and fixed investment growth slid on weaker business confidence and a wider slowdown in manufacturing activity. Leading indicators point to a moderation going into Q4, with consumer confidence falling further into negative territory in October on downbeat sentiment over general economic conditions. The manufacturing PMI also lost ground in October–November. After failing to gain approval for the first and second draft of the tax bill, the government is set to present a notably watered-down tax reform proposal to Congress, with its original revenue target halved. Fierce opposition forced the government to abandon the planned tax of basic foodstuffs, thereby compelling a freeze on spending in order to meet the fiscal goals and avert a potential credit rating downgrade.
Colombia - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Colombia Unemployment Chart
Source: Statistical Institute (DANE).
|Bond Yield||6.69||0.0 %||Jan 14|
|Exchange Rate||3,140||-0.17 %||Jan 14|
|Stock Market||11,656||-0.66 %||Jan 14|
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January 5, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.30% over the previous month in December, after a 0.12% month-on-month increase in November.
January 3, 2019
According to the National Department of Administrative Statistics (DANE), export growth moderated in November.
January 2, 2019
Colombia’s manufacturing sector expanded at broadly the same pace in December as it did in November.
December 21, 2018
At its Board of Directors meeting on 21 December, Colombia’s Central Bank (Banco de la República, BanRep) kept the benchmark interest rate on hold at 4.25%, where it has been since 27 April when the Bank cut the rate by 25 basis points.
December 17, 2018
The Fedesarrollo consumer confidence index fell sharply in November, tumbling to minus 19.6 points from minus 1.3 points in October.