Colombia Consumer Price Index (YoY) Increased to 4.9% in July From Previous 4.82%
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The road to inflation in Colombia continues its slow landing towards the 3% goal. The National Administrative Department of Statistics, DANE, reported in the afternoon of Friday that in July the Consumer Price Index increased by 0.28%, leaving it at 4.9% in its annual data, the most common one. This increase in the basket of goods and services typical of a Colombian household is due especially to the increase of some foods, as explained by the d…
Alejandro Lobo, head of Economic Studies of Asobancaria, projects that the monetary policy rate will end the year at 8.5%. Photo: Asobancaria. With inflation that breaks its downward trend for the second time in the year (4.9% in July), the Bank of the Republic of Colombia could be inclined to keep interest rates unchanged at 9.25 % again in September, as it did at the July session. According to the most recent ANIF survey, only two of the entit…
This was reported by the National Administrative Department of Statistics (Dane) in its most recent report on the Consumer Price Index (CPI). The monthly variation, according to the report, was 0.28%, compared to June of this year, when it fell to 4.8%. This slight increase was mainly driven by food and non-alcoholic beverages (0.82%) and health (0.39%). The clothing and footwear division recorded the lowest monthly variation with -0.08%. The an…
News to the Day and to the Hour Latest News of today Colombia's annual inflation was 4.90% in July, almost two percentage points less than in the same period of the previous year (6.86%), but with a slight acceleration compared to the figure recorded in June, the National Administrative Department of Statistics (DANE) reported this Friday. As far as 2025 (January-July), the accumulated inflation was 4.02%, less than 4.32% of the same period of …
The indicator reported an annual variation of 4.90%. From different fronts it has been pointed out that this result was avoidable.
Foods were the division that pulled monthly inflation, observing a rise in mango, onion and coffee
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