Colombia economy grew 3% in Q1, more than expected

Kitco Media
By Reuters
Published:
Updated:
Reuters
BOGOTA, May 15 (Reuters) - Colombia's economy grew 3% in the first quarter of this year, the government's DANE statistics agency said on Monday, greater than market expectations published in a Reuters poll last week.


Analysts told Reuters the Andean country's gross domestic product (GDP) would expand by 2.8% versus the year-earlier period, led by soaring domestic demand. Colombia's central bank
had predicted first-quarter growth of 3%. (Reporting by Oliver Griffin)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.