Maria Claudia Lacouture, President of AmCham Colombiamaintained that although the monthly variation showed a small decrease, it is still very high.
“It is necessary to analyze other measures besides interest rates to reduce inflation tendency and prevent prices, especially food, from continuing to rise,” said the union leader.
Sergio Olarte, economist at Scotiabank, reiterated that despite inflation rising slightly, the cap will be reached soon.
“This is mainly because there is food to delay important still with some pressure on various perishables because of the exchange rate and the weather but it’s certainly a lot less than what we saw last year when the war was in Russia and Ukraine It had a strong impact on the price,” he explains.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
