What are the inflation forecasts for November?

“We expect a variation of 0.60%,” he indicated. Camilo Perezresearch manager economic of the Bank of Bogotá.

Andrés Langebaek, director of economic studies at Grupo Bolívar, pointed out that he expects an acceleration in the food sector from 0.2% in October to 0.91% in November. Ultra-processed food, gasoline and rising energy rates can influence inflation data. “For November, we expect a monthly increase of 0.45%, driven by housing and transportation, although less pressured by food prices. On an annual basis, inflation would fall to 10.12% of 10.48% October (March peak of 13.34%), still favored by base effects”.

The economic research group of Itau analyzed that they expect a monthly increase in the CPI for November 0.45%, driven by housing and transport, although less pressured by food prices. ‘On an annual basis, inflation would fall to 10.12% of the 10.48% October (March peak of 13.34%), still favored by base effects”.

Source: El heraldo