Colombia Inflation Charge

The annual inflation price in Colombia continued to gradual for the eighth consecutive month, reaching 10.15%, down from 10.48% within the earlier month. This marked the bottom studying since June 2022 and intently aligned with market expectations of 10.14%. Costs rose at a softer tempo for meals (8.25% vs 10.36% in October); transportation (16.54% vs 17.26%); furnishings & family tools (9.85% vs 10.56%); eating places & inns (14.35% vs 14.74%); well being (10.03% vs 10.05%) and alcoholic drinks & tobacco (12.78% vs 13.27%). In the meantime, the price of housing and utilities (8.75% vs 7.74%) elevated at a quicker tempo. On a month-to-month foundation, client costs accelerated by 0.47%, after slowing to an October 2021 low of 0.25% within the earlier month. . supply: Dane, Colombia

Inflation Charge in Colombia decreased to 10.15 % in November from 10.48 % in October of 2023. Inflation Charge in Colombia averaged 13.67 % from 1955 till 2023, reaching an all time excessive of 41.65 % in June of 1977 and a report low of -0.87 % in July of 1955. This web page gives – Colombia Inflation Charge – precise values, historic information, forecast, chart, statistics, financial calendar and information. Colombia Inflation Charge – information, historic chart, forecasts and calendar of releases – was final up to date on January of 2024.

Inflation Charge in Colombia decreased to 10.15 % in November from 10.48 % in October of 2023. Inflation Charge in Colombia is anticipated to be 9.86 % by the top of this quarter, in keeping with Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Colombia Inflation Charge is projected to pattern round 7.00 % in 2025, in keeping with our econometric fashions.

In Colombia, the three most important elements of the buyer worth index are: Housing & Utilities (33 % of the overall weight); Meals and Non-Alcoholic Drinks (15 %) and Transport (13 %). Others embody: Eating places & Resorts (9 %); Miscellaneous Items & Companies (5 %); Training (four %) and Data & Communication (four %). Furnishings, Clothes & Footwear, Recreation & Tradition, Alcoholic Drinks & Tobacco and Well being account for the remaining 15 % of whole weight. The CPI covers the city inhabitants of 38 capital metropolis departments, together with some metropolitan areas, which account for the most important inhabitants registered within the nation and have essentially the most dynamic financial atmosphere compared to the remaining cities of the nation.