Inflation in Colombia
Colombia - Inflation (end of period)
Inflation inches down in December
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.30% over the previous month in December, after a 0.12% month-on-month increase in November. Prices for entertainment recorded the biggest rise, while prices for communication fell—the only category to do so.
Inflation inched down to 3.2% in December, from 3.3% in November. Thus, it remained within the Central Bank’s target range of 3.0% plus or minus 1.0 percentage points.
In December, core consumer prices—which exclude volatile items including fresh food and fruit—rose 0.3% over the previous month, following a 0.2% month-on-month rise in October. Meanwhile, core inflation edged down to 3.2% in November, from 3.6% in October.
Panelists participating in the LatinFocus Consensus Forecast expect that inflation will end 2019 at 3.4%, which is unchanged from last month’s forecast. For 2020, the panel also expects inflation to end the year at 3.3%.
Colombia - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||1.9||3.7||6.8||5.7||4.1|
5 years of economic forecasts for more than 30 economic indicators.
Colombia Inflation (eop) Chart
Source: Statistical Institute (DANE).
|Bond Yield||6.80||0.0 %||Jan 21|
|Exchange Rate||3,127||-0.17 %||Jan 21|
|Stock Market||11,674||-0.66 %||Jan 21|
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January 18, 2019
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 18 January, the industrial sector lost some pace, with the year-on-year pace of expansion moderating to 4.7% in November, down from 5.4% in October.
January 16, 2019
The Fedesarrollo consumer confidence index improved in December, rising to minus 8.3 points from minus 19.6 points in November.
January 5, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.30% over the previous month in December, after a 0.12% month-on-month increase in November.
January 3, 2019
According to the National Department of Administrative Statistics (DANE), export growth moderated in November.
January 2, 2019
Colombia’s manufacturing sector expanded at broadly the same pace in December as it did in November.