Colombia’s national statistics agency says the pace of growth is
slowing, with third quarter GDP growth counted at 3.1 percent above the
same period a year earlier.
Monday’s report shows a mere 0.7 percent rise in gross domestic product between the second and third quarters of the year.
Quarterly
year to year growth rates have slipped from a torrid 8.5 percent in the
first quarter of 2007. The rate was down to 4.5 in the first quarter of
2008 and to 3.8 percent in the second quarter.
The government says it expects overall growth of 4 percent this year, down from 8 percent in 2007. (AP)
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