Producer Prices in Colombia
Colombia - Producer Prices
Inflation remains stable in November, remaining with the Central Bank’s target band
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in November, matching October’s reading. Seven out of the nine sub-components recorded higher prices, while the remaining two saw a decline in prices. Prices for entertainment increased the most, while prices for healthcare registered the biggest fall.
Inflation remained at 3.3% in November, also matching October’s print. Thus, it stayed within the Central Bank’s target band of 3.0% plus or minus 1.0 percentage points.
In October—the latest month for which data is available—core consumer prices, which exclude volatile items including fresh food and fruit, rose 0.1% over the previous month, matching September’s print. Meanwhile, core inflation remained at 3.6% in October.
Panelists participating in the LatinFocus Consensus Forecast expect that inflation will end 2019 at 5.9%, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel also expects inflation to end the year at 5.7%.
Colombia - Producer Prices Data
|Inflation (PPI, annual variation in %)||-0.1||6.0||5.5||2.2||3.3|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.88||0.0 %||Dec 12|
|Exchange Rate||3,170||-0.17 %||Dec 12|
|Stock Market||11,686||-0.66 %||Dec 12|
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December 5, 2018
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in November, matching October’s reading.
Colombia: PMI falls for the fourth consecutive month in November amid wider global slowdown in manufacturing activity
December 3, 2018
Colombia’s manufacturing sector lost pace for the fourth consecutive month in November, reflecting a wider slowdown in manufacturing activity worldwide amid intensifying trade war tensions.
December 3, 2018
According to the National Department of Administrative Statistics (DANE), exports accelerated markedly in October.
November 22, 2018
According to the latest GDP data released by the National Statistical Institute (DANE) on 22 November, the economy grew at broadly the same pace in the third quarter as it did in the second, dipping just marginally.
November 16, 2018
The Fedesarrollo consumer confidence index sunk deeper into negative territory in October, dropping to minus 1.3 points from minus 0.7 points in September.