Inflation Report - June 2019
La Constitución Política de Colombia y el artículo 14 de la Ley 31 de 1992 asignan al Banco de la República la función de administrar las reservas internacionales. Las opiniones y posibles errores son responsabilidad exclusiva del autor y sus contenidos no comprometen al Banco de la República ni a su Junta Directiva.
In the Inflation Report, the Central Bank's technical staff analyzes the situation of the economy and inflation, and their mid and long-term outlook. Based on this, the staff provides insights to the Board of Directors on the recommended monetary policy stance.
Editor’s Note
Banco de la República is currently in the process of modernizing its Inflation Report with the goal of communicating an analysis of economic conditions and forecasts for the economy in a better way. For that reason, as of the October edition, the report will be structured as follows:
1. Summary
2. Macroeconomic Forecasts
2.1 The External Context
2.1.1 External Demand
2.1.2 External Prices
2.1.3 International Financial Markets
2.2 The Domestic Context
2.2.1 Inflation
2.2.2 Economic Activity
2.2.3 Balance of Payments
3. The Current Economic Situation
3.1 Behavior of Inflation and Prices
3.2 Growth and Domestic Demand
3.2.1 GDP with respect to Spending
3.2.2 GDP on the Supply Side and Sector Indicators
3.3 The Labor Market
3.4 The Monetary and Financial Market
This report (July) is a temporary and partial version of the document
in its new format.
Boxes
Juan José Ospina, Juan Sebastián CorralesJuan José Echavarría
Juan Pablo Cote, Sergio Restrepo
José David Pulido
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