• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Citi warns over inflation in Colombia and sees slower growth in 2027

FinanceColombiaRevista Semana35 s readAI summary
Image: Revista Semana

Citi projects Colombia's economy will grow 1.8% in 2027, down from 2.3% in 2026, due to the fiscal adjustment needed to reduce the deficit. Its chief economist for Latin America, Ernesto Revilla, said inflation will close 2026 at 6.5% and fall to 4.7% in 2027, still above the Banco de la República's 3% target. The policy rate would end 2026 at 12.5% and 2027 at 11%.

In 35 seconds

  • Citi expects Colombia's GDP growth to slow from 2.3% in 2026 to 1.8% in 2027 due to fiscal consolidation
  • Inflation would close 2026 at 6.5% and 2027 at 4.7%, above the Banco de la República's 3% target
  • The policy rate would end 2026 at 12.5% and fall to 11% by the end of 2027
Read the full story at Revista Semana

IASummary generated by artificial intelligence from a story by Revista Semana. It may contain errors: the original source prevails.

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