attractive landscape in Colombia

Colombia Inflation July 2018

Colombia: Inflation inches down in July

According to the National Department of Administrative Statistics (DANE), consumer prices fell 0.13% over the previous month in July, contrasting a 0.15% month-on-month rise in June. Prices declined in four out of the nine components, while increasing in the remaining five. Communications recorded the biggest drop in prices, while housing registered the largest upturn in prices.

Inflation inched down to 3.1% in July from 3.2% in June, thus remaining within the Central Bank’s target band of 3.0% plus or minus 1.0%.

In June—the latest month for which data is available—core consumer prices, which exclude volatile items including food and fuel, rose 0.15% after increasing 0.25% in May (previously reported: 0.27%). Meanwhile, core inflation fell to 3.6% in June, down from 3.8% in May.

Colombia Inflation July 2018

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest