Economy: Bogotá

Key Facts

—Inflation. Colombia’s July annual inflation ran near 6.2%, back near levels last seen in 2024 and well above the 3% target.

—Pause. The central bank, Banco de la República (BanRep), surprised markets with a hold in July rather than a cut.

—Financing. Development bank CAF will disburse a first US$700 million tranche of a US$9 billion credit line for Colombia.