Economy

Welcome has created your account in EL TIEMPO. Know and personalize your profile. The verification email was sent to Check your inbox and if not, in your spam folder. NO, CHANGE EMAIL YES, SEND We want you to find the news that interests you the most Follow your favorite topics in an exclusive place for you. Remember that to see your topics on all your devices, you must update the El Tiempo App. discover ¨my news¨ An exclusive place,where can you follow yourfavorite subjects . choose them! Hello! Here you can also find "My News" and follow the topics you…

At the end of 2022, Colombia closed with inflation of 13.12% in its annual variation, the highest figure since 1999, whose upward rhythm was maintained throughout the year and which led the Banco de la República to raise its rates interest at 12% at its last meeting in 2022. (Will it be necessary to raise interest rates to curb inflation in 2023?). Although the high rates unload the pocket of the majority of Colombians, since it makes credit more expensive, there are alternatives that could be used to take advantage of this situation, through savings. "A CDT or a similar…

Coinciding with the twentieth anniversary of its direct presence in Colombia, the French firm Louis Vuitton decided to increase its commitment to our market with the opening of a 'global store' in the Andino shopping center, in Bogota.As Yves Carcelle, former president of the specific leather goods company, said, a 'global store' is a store where you can get “the same as in Paris and at the same time”, that is, all the brand's production lines. The one in Bogotá is the second location of this type in the region – the one in São Paulo (Brazil) opened seven years…

Despite the fact that in 2022 more motorcycles than ever were registered, the slowdown of the Colombian economy is beginning to impact their sale in the country as new registrations have been declining for four months.According to Runt figures and Andemos calculations, in 2022 822,617 new motorcycles were registeredwhich represents a growth of 10.9 percent compared to 2021.(You can also read: Colombia would go from growing 8% in 2022 to 1.3% in 2023: World Bank) For each vehicle that was registered during the past year in the country, 3.1 new motorcycles went into circulation, higher than the historical figure of…