Economy & Finance 16
Colombia’s gross domestic product (“PIB” in Spanish initials) dipped to a 2.5% annual rate in first quarter (1Q) 2016, according to the national government’s economic statistics agency (Departamento Administrativo Nacional de Estadística, DANE).
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The Medellin-based national trade association for Colombia’s banana growers (“Asociacion de Bananeros de Colombia,” also known as “Augura”) announced March 2 that 2015 exports jumped 14% year-on-year (y-o-y), to 94 million 20-kilogram (kg) boxes.
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The Chamber of Commerce of Medellin for Antioquia (CCMA in Spanish initials) announced February 23 that it expects the Antioquia departmental economy to grow by about 3.3% this year, down from 3.6% in 2015.
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