Servicios
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Base Prices for the Settlement of Taxes or Royalties on the Exploitation of Gold, Silver and Platinum
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Labor productivity in the euro area briefl y surpassed that in the United States in the mid-1990s, but has been falling behind since then. Identifying the reasons for the sluggish growth of labor productivity in the euro area is crucial to guide an effective policy response. In particular, if it…
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This External Operating and Services Circular replaces in its entirety External Regulatory Circular DFV-135 of 16 December 2020, corresponding to Issue 97: "Sistema Electrónico de Negociación (SEN in Spanish, Electronic Trading System)" of the Trust and Securities Department Handbook.
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Real retail sales grew in the region, surpassing the national average. This performance was driven by increased household spending, lower unemployment, and effective marketing campaigns. Household consumption dynamism and improved financing conditions strengthened businesses and consumer confidence.
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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.
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The increase in employment, together with higher income from coffee-related activities and a greater flow of remittances, boosted household spending. This consumption dynamism was particularly reflected in the demand for durable goods, which, in turn, supported imports of this type of consumer…
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Domestic trade continued to show dynamic performance, surpassing the national average. Household consumption was driven by sales of food and beverages, information technology equipment, and vehicles. Likewise, demand for cultural and entertainment items, consumer imports, and new housing sales…
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Retail trade in Antioquia recorded its highest annual growth in three years, driven by lower interest rates, the opening of new sales points, and increased customer traffic. The information technology, communications, and auto parts segments stood out. In turn, vehicle and motorcycle sales reached…
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Agricultural production showed positive results, with rice and palm oil production standing out, favored by abundant rainfall, as well as cassava and plantain production. At the same time, cattle and pig slaughter in the region increased, driven by higher consumption of animal protein.
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Retail trade recorded a rise, driven by increased household spending and supported by higher flows in remittances, improved access to credit, and greater consumer confidence. Vehicle sales contributed to the increase, boosted by lower interest rates, the launch of new models, and favorable…
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The Sustainability Report presents topics related to corporate governance and institutional performance of Banco de la República regarding economic, social and environmental issues. This report intends to strengthen the efforts made by the Central Bank on transparency and accountability addressed…
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The construction of coincident indexes for the economic activity of a country is a common practice since the fifties. The methodologies vary from heuristic methods to probabilistic or statistical ones. In this paper, we present a new procedure for estimating a coincident index of the state of the…
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According to the Economic Activity - Balance of Payments. In millions of U.S. dollars, annualy since 1994 & quarterly since 1996
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Place of birth: Bogotá, D. C.
Date of Birth:16 February 1973
Profession: Economist
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By virtue of its administrative and financial autonomy, Banco de la República (the Central Bank of Colombia) has its own independent patrimony and is subject to its legal framework, contemplated in Articles 371 to 373 of the Political Constitution, Law 31 of 1992 and its Bylaws, issued by Decree…
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