Analysis by Region - Emerging Markets - Colombia
We've cut our 2025 GDP growth forecast for Colombia by 0.4ppt to 2.1%. We think the economy will lose momentum by the end of this year due mainly to less carry-over and slower private consumption. Conversely, we expect investment will rebound considerably as we see it gradually returning to levels reached before President Gustavo Petro's administration. Risks are tilted to the downside due to relentless political noise and chances of more public intervention.
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