“This is very important to continue with the decisions of monetary policy and sustainability macroeconomic of the country, therefore the message for the Bank of the Republic is that the conditions are created so that in December the pricesBonilla said. This comment is also shared by the former Minister of Finance, José Manuel Restrepowho emphasized […]
Tag: CPI
Economic analysts predict annual inflation of 11.17% for August
“By the end of 2023, a inflation of 9%, which represents a much better range than what was considered in our line, but it is slightly above market expectations,” he explained. fields. The analyst specified that consideration of the restructuring of the monetary policy in the country generally shows an increase. The Economic Research Team […]
Annual inflation continues to fall in Colombia: 12.13% in June
The Dane revealed that monthly inflation for the sixth month of the year was 0.30%. Dane’s director explained that the expense division that showed the greatest monthly variation in June was transportation at 1.08%. This report emphasizes that the food and non-alcoholic beverages was the only item showing negative variation by 0.53%. Likewise, he reiterated […]
We have inflation under control: Minister of Finance
Finance Minister Ricardo Bonilla highlighted the inflation results released by Dane, in which the annual variation for the month of May was 12.36%. “We reached a maximum of 13.34% last March and in May the rate stood at 12.36%, which means that we have already fallen almost 100 basis points,” said the minister. For example, […]
Inflation continues to fall in the country with an annual indicator of 12.36% in May
He Dane revealed that monthly inflation for the fifth month of the year was 0.43%. Dane’s director explained that the item with the largest monthly variation was transportation at 1.19%. This report highlights that food and non-alcoholic beverages were the only spending division with a negative variation of 0.85%. “We see a realignment that has […]
Coastal capitals remain with the highest inflation rates in the country
The seven capitals of the Caribbean coast are still among the 11 with the highest annual inflation in the country. They all show an annual variation of the consumer price index (CPI) above the national average, which was 12.82% for April. Among the cities in the region, Riohacha registered the lowest annual inflation rate at […]
Inflation ruins the quality of life of homes
Households of all socioeconomic levels are feeling the impact of the continued price increase which it has been presenting for more than a year, but in general the lowest incomes are most affected by the increases. According to DANE data, annual inflation in Colombia was 13.34% in March; but for the bad was 13.87%; for […]
Annual inflation through March would be 13.24%, projections indicate
The National Administrative Bureau of Statistics (Dane) today releases inflation data corresponding to the month of March, leading several forecasts to indicate that the annual variation of the consumer price index (CPI) is showing signs of slowing down. It should be noted that the annual inflation rate to February was 13.28%, an indicator not seen […]
Inflation is known from June at 6 p.m.: Dane
As of June 2023, the National Administrative Service of Statistics (Dane) will publish Consumer Price Index (CPI) results on the fifth working day of each month at 6:00 PM. Since last August, El Dane has been publishing Consumer Price Index (CPI) results on the 5th of every month at 6am; or on Saturday at noon, […]
Why does the government say inflation has peaked?
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 […]