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Colombian exports dipped by 8.2 percent in November

Monday, January 14, 2013

Colombia’s exports fell 8.2 percent to $4.73 billion in November compared with the same month last year, the government statistics agency said.

Exports rose 5.8 percent in October from the same month last year.

The central bank cited lower export growth in its decision to cut interest rates at four of its last six policy meetings, arguing that a slowdown in the global economy has curbed demand for the Andean nation’s products.

Source: Bloomberg