Colombian GDP Beats Expectations Ahead of Presidential Vote

Colombia’s economy grew faster than expected in the first quarter, potentially boosting President Gustavo Petro’s leftist ally in this month’s presidential vote.

Gross domestic product expanded 2.2% in the first three months of the year, the statistics agency said Friday. That compares with a median forecast of 2% from analysts surveyed by Bloomberg. Economic activity grew 0.6% from the previous quarter.