Abstract

Banco de la República is currently in the process of modernizing its Inflation Report with the goal of communicating an analysis of economic conditions and forecasts for the economy in a better way. For that reason, as of the October edition, the report will be structured as follows: 1. Summary 2. Macroeconomic Forecasts 2.1 The External Context 2.1.1 External Demand 2.1.2 External Prices 2.1.3 International Financial Markets 2.2 The Domestic Context 2.2.1 Inflation 2.2.2 Economic Activity 2.2.3 Balance of Payments 3. The Current Economic Situation 3.1 Behavior of Inflation and Prices 3.2 Growth and Domestic Demand 3.2.1 GDP with respect to Spending 3.2.2 GDP on the Supply Side and Sector Indicators 3.3 The Labor Market 3.4 The Monetary and Financial Market This report (July) is a temporary and partial version of the document in its new format. Juan José Echavarría GovernorBanco de la República is currently in the process of modernizing its Inflation Report with the goal of communicating an analysis of economic conditions and forecasts for the economy in a better way. For that reason, as of the October edition, the report will be structured as follows: 1. Summary 2. Macroeconomic Forecasts 2.1 The External Context 2.1.1 External Demand 2.1.2 External Prices 2.1.3 International Financial Markets 2.2 The Domestic Context 2.2.1 Inflation 2.2.2 Economic Activity 2.2.3 Balance of Payments 3. The Current Economic Situation 3.1 Behavior of Inflation and Prices 3.2 Growth and Domestic Demand 3.2.1 GDP with respect to Spending 3.2.2 GDP on the Supply Side and Sector Indicators 3.3 The Labor Market 3.4 The Monetary and Financial Market This report (July) is a temporary and partial version of the document in its new format. Juan José Echavarría Governo

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