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Colombia’s GDP Dips in Third Quarter
In the third quarter of 2023, Colombia’s economy experienced a 0.3% contraction reported the National Administrative Department of Statistics (DANE). Key sectors like manufacturing industries fell by 6.2%. Additionally, trade shrank by 3.5%, and construction decreased by 8%. This decline was unexpected. Market projections had anticipated an economic expansion of about 0.3% for the quarter. […]