Regional Economic Bulletin: Caribbean Coast, second quarter of 2025
The Regional Economic Bulletin is published by the Regional Economies Section of the Technical and Economic Information Department at Banco de la República. The views and potential errors are the sole responsibility of the authors and do not compromise Banco de la República or its Board of Directors.
The Caribbean region’s economy showed favorable performance in the second quarter of 2025, although some strategic sectors remained in contractionary territory. Factors such as the onset of the rainy season, lower interest rates, stronger private consumption, increased household confidence, and dynamism in entertainment activities boosted agricultural production, retail trade, and tourism. Likewise, increased formal employment and contained inflation contributed to the positive outcome. In contrast, coal production and passenger land transport declined due to high costs and blockages, and lower construction activity had a negative impact on the sector.
Higher household consumption of durable goods boosted retail sales within the context of improved business confidence. At the same time, the dynamism of sporting events, concerts, and festivals stimulated demand for tourism services, particularly from foreign visitors.
The reduction in electricity costs contributed to maintaining the downward trend in inflation, together with lower prices for basic foods, which also supported agricultural supply. On the contrary, higher meat prices discouraged cattle and pork slaughter, negatively affecting supply in that segment.
High costs and road blockages reduced coal mining operations. Meanwhile, increased use of substitute energy sources discouraged contractual sales of natural gas.
Regional Economic Bulletin published to date (since 2025)
In order to present this content to the English-speaking public, since 2025 Banrep has been providing translations of the summaries. The full document, as well as the interactive bulletin, are published only in Spanish.
