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Showing posts with label William Pereira. Show all posts
Showing posts with label William Pereira. Show all posts

Tuesday, December 4, 2012

Colombia Weekly

Colombia Weekly

Rodrigo Fuenmayor, William Pereira, Economics/FX/Interest Rate Teams - FX / Rates
Colombia Weekly | 04 Dec 2012 12:21 |

Summary

Strengthening labour market. The unemployment rate (urban areas) declined to 10.2% in October from 10.7% in the month before. This was better than the consensus expectation of 10.5%. The national unemployment rate was 8.9%. The strengthening of the labour market and continued availability of credit, albeit at a reduced pace, bode well for domestic consumption and demand.