Inflation in Colombia
Colombia - Inflation
Inflation rises again in September
Consumer prices rose 0.38% in September over the previous month, moderating from August’s 0.45% increase. September’s result largely reflected softer price pressures for food and non-alcoholic beverages, as well as for restaurants and hotels.
Meanwhile, inflation came in at 4.5% in September, up from August’s 4.4%, moving further north from the Central Bank’s upper bound of the 2.0%–4.0% target range. Thus, the trend pointed up, with annual average inflation rising to 2.6% in September (August: 2.4%). Lastly, core inflation rose to 3.9% in August, the latest month for which data is available, from July’s 3.6%.
FocusEconomics Consensus Forecast panelists project inflation to end 2021 at 4.4%, which is up 0.4 percentage points from last month’s forecast. In 2022, inflation is seen ending the year at 3.4%.
Colombia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||5.0||7.5||4.3||3.2||3.5|
5 years of economic forecasts for more than 30 economic indicators.
Colombia Inflation Chart
Source: Statistical Institute (DANE).
|Bond Yield||6.08||0.0 %||Dec 30|
|Exchange Rate||3,287||-0.17 %||Jan 01|
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October 15, 2021
Industrial output expanded 22.9% in annual terms in August, above August’s 20.0% rise and marking the highest print in four months.
October 7, 2021
The Fedesarrollo consumer confidence index came in at minus 3.0 in September, improving from minus 8.2 in August, logging the highest reading since January 2020.
October 5, 2021
Consumer prices rose 0.38% in September over the previous month, moderating from August’s 0.45% increase.
October 1, 2021
Merchandise exports grew 28.4% year-on-year in August, accelerating mildly from July’s 27.4% expansion.
October 1, 2021
The seasonally-adjusted Manufacturing Purchasing Managers' Index (PMI)—produced by IHS Markit and Davividenda—came in at 55.5 in September, up from August's 53.2.