Enka 2Q22 results preview

stocks and shares

At the close of the first half of 2022, Enka continues to deliver solid financial results, maintaining good profit margins and low financial debt. However, the annual comparison indicates that results are showing some corrections given the normalization of some factors that drove the 2021 results.

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March Inflation Expectations

According to the report presented by the National Administrative Department of Statistics (DANE), the year-on-year variation of the Consumer Price Index (CPI) rose to 5.35% in January, from 5.10% in December. This figure is lower than the market estimate (5.40%) and the estimate by Economic Research of Stocks and Securities (5.45%). The monthly inflation figure was 1.18%. This monthly variation was higher than that of December (0,27%).