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Colombia Inflation September 2023

Colombia: Inflation eases in September

Inflation came in at 11.0% in September, which was down from August’s 11.4%. September’s result represented the lowest inflation in 13 months. The slowdown was due to a lower rise in prices for food and matched market expectations.

The trend was stable, with annual average inflation coming in at August’s 12.4% in September.

Finally, consumer prices rose 0.50% from the previous month in September, easing from the 0.70% rise logged in August.

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