In his weekly column ‘Clear Accounts’, Mauricio Galindo, economic editor of EL TIEMPO, offers the figures around the news that happened in the last 7 days. On this occasion, the two-year race behind inflation, the concentration of the largest sellers, unemployment and the emissions that electric cars avoid.
You can also read: Clear accounts: double the time and half the growth
The two-year race behind inflation
He Bank of the Republic interrupted on Friday interest rate hikes that had started in 2021, chasing the inflation of September, which did not stop rising. When the first hike was made, the Issuer’s rate rose from 1.75 to 2%, and was 2.51 points below inflation. And at the end of the cycle, the bank’s rate remains at 13.25%, 0.89 points above inflation.
The concentration of the largest sellers
Within the thousand largest companies in Colombia, 76 are enough to accumulate half of total sales. The thousand companies sold $1.217 trillion last year. But only the first 76 (from Ecopetrol to Colombina) sold $610 billion. Only 10 of the 1,000 made a quarter of the sales: from Ecopetrol to D1 they sold $301 billion. And only one, Ecopetrol, sold 12% of the total, $145 billion.
This time, the men didn’t get a job.
The creation of new jobs seems to be stagnating, but what is most noticeable is that in the year ending in May, the new jobs were almost exclusively for women. For every man who got a job, 122 women did.. Even so, for the number of women with employment (today 9.4 million) equal to that of men with employment (13.2 million) what was seen in May will have to be repeated for 10 years.
Emissions avoided by electric cars
Imagine the life of a family car: from its manufacture and that of the battery (if it is hybrid or electric); electrical generation or fuel production and maintenance for, say, 16 years and 240,000 km. The exercise was done by Polestar and Rivian in the Pathway report. He found that the gasoline car ends up emitting 55 tons of CO2 equivalent; the hybrid, 47 tons, and the electric, 39 tons.
