OECD: Peru’s partners in the Pacific Alliance grow above expectations

The Organization for Economic Cooperation and Development (OECD) continues to receive signs of economic growth above long-term forecasts in Colombia, Mexico and Chile, although in these last two countries the ceiling could have been reached.

The OECD published the advanced composite indicators for December, which, as had been happening in previous months, fell slightly for Chile (9 hundredths to 101.40 points) and for Mexico (10 hundredths to 101.60).

These indicators, which indicate inflections in the economic cycle in advance, remained in any case clearly above the 100 level that marks the long-term trend.

The evolution is even more favorable in the case of Colombia, since its statistics have been on the rise for more than a year and in December it grew once more, although very slightly (one hundredth).

With 101.97 points, Colombia marked one of the highest values ​​of the members of the organization.

As a whole, the OECD indicator fell 6 hundredths last month to stand at 100.55 points.

Those responsible for monitoring these statistics noted that the strong economic recovery that had been seen after the crisis triggered by COVID-19 could have peaked in some of the large economies.

The main example of this movement is the United States, whose indicator has been down for six consecutive months and in December it fell to 99.91 points, below the 100-point long-term average.