The Organization for Economic Cooperation and Development (OECD) continues to receive signs of economic growth above long-term forecasts in Colombia, Mexico and Chile, although in these last two countries it could have peaked.
The OECD published the advanced composite indicators for December, which, as had been happening in previous months, fell slightly for Chile (9 hundredths to 101.40 points) and for Mexico (10 hundredths to 101.60).
(See: Coffee production in the country in 2021 was 12.6 million bags).
These indicators, which signal in advance inflections in the economic cycle, In any case, they remained clearly above the 100 level that marks the long-term trend.
(See: Colombia would grow 4.1%, after exceeding WB expectations).
The evolution is even more favorable in the case of Colombia, since its statistics have been on the rise for more than a year and in December it grew once more, although very slightly (one hundredth).
With 101.97 points, Colombia marked one of the highest values of the members of the organization.
(See: The non-mining projects with FDI that stand out in Colombia):
As a whole, the OECD indicator fell 6 hundredths last month to stand at 100.55 points.
Those responsible for monitoring these statistics noted that the strong recovery economicalto that had been verified after the crisis that the covid triggered could have peaked in some of the large economies.
(See: Colombia’s external debt reaches 53% of the country’s GDP).
The main example of that movement is U.S, whose indicator has been falling for six consecutive months and in December it fell to 99.91 points, below the 100 points of the long-term average.
EFE
