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Perishable food prices dropped 0.09%, fresh fruit climbed 2.38%, with grapes up 12.25%, plantains 3.72%, carrots 9.93%, oranges 6.12%.

The Colombian peso appreciated despite falling oil prices and the global stability of the US dollar.

Inflation fears kept Colombia's central bankers from reducing the key interest rate, amidst upward wage pressures.

IMF projects Colombia’s GDP growth at 2.5% in 2025; inflation easing to 4.5%, but deficit hits 7.1% and debt peaks at 62.3% by 2027.

Looking ahead, Bancolombia projects the USD/COP exchange rate to trade between $4,000 COP and $4,200 COP over the next month.

Bancolombia says the central bank’s caution reflects complex financing, global trade uncertainty, and US policy instability.

Breaking the fiscal rule without extraordinary cause may risk overspending, mounting debt, and a blow to Colombia’s economic credibility.

Bank of America's analysis underscores significant fiscal challenges in Colombia, leading to a recommendation against investment in the country's assets.

Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.

Even without reform debates in Congress, there’s been a lot happening.