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Inflation looms in Colombia.

Publication: Market Latin America
Publication Date: 01-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Worries about government spending and inflation dominate the analysis of Colombia's economy for 2007.

In January 2007, the Los Angeles Times (Los Angeles) was writing about the "brisk" growth of the Colombian economy (January 1, 2007) saying that the country's assets were appreciating because of the confidence of foreign and domestic investors. Among the appreciating assets is housing-good news for Colombians who can afford to be home owners.

By the end of February 2007, Bloomberg News was reporting a rise in the country's overnight interbank rate imposed by the...

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