Colombia: Inflation rises in September from August
Latest reading: Consumer prices rose 5.2% on a year-on-year basis in September, following a 5.1% rise in the previous month.
Relative to the prior month’s data, there were higher price pressures for housing and utilities (+4.8% in annual terms vs +4.7% in August) and food and non-alcoholic beverages (+6.2% vs +6.1% in August). In contrast, price pressures reduced for restaurants and hotels in September(+7.5% vs +7.8% in August).
Meanwhile, core consumer prices rose 5.3% on a year-on-year basis in September, following a 5.4% rise in the previous month.
Finally, consumer prices were up 0.32% in September on a month-on-month basis, following a 0.19% increase in the previous month.