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Inflation in Colombia Jumped to 3.33% in October, the Highest Level Since February
While still in line with central bank projects, the uptick brings year-over-year inflation to its highest level since February.
Posted On November 3, 2018
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//food prices
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Colombian Central Bank Leaves Benchmark Interest Rate Unchanged at 4.25%
The decision to maintain the current rate was approved unanimously by all seven members of the board of the Banco de la República.
Posted On July 27, 2018
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Colombian Inflation Rate Falls Slightly to 3.13% in April
While this was just 0.01% below the rate recorded in March, this represents the fifth straight month of decline.
Posted On May 5, 2018
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Inflation Falls to 3.14% in Colombia, Nearing Central Bank Target Rate
The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February.
Posted On April 7, 2018
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Colombian Inflation 2017: Rate Closes Year at 4.09%, Slightly Above Central Bank Target Range
Food costs, which spiked by 7.22% in 2016, saw the lowest increase this year among major economic cateogories with just a small rise of 1.92% in 2017.
Posted On January 8, 2018
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Colombian Inflation Rate Creeps Up to 4.12% in November
An increase over the past month in the recreation prices (up 0.68%) and housing prices (0.30%) helped to push up the overall consumer price index.
Posted On December 5, 2017
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Inflation Ticks Up Slightly in Colombia to a Year-Over-Year Rate of 4.05% in October
The October rate is up slightly from 3.97% last month and puts inflation outside of the central bank’s target rate for the first time since June.
Posted On November 4, 2017
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Colombian Central Bank Surprises Market by Cutting Interest Rate by 25 Basis Points to 5.0%
The move continues a year-long rate-cutting trend but surprised a market that expected the Banco de la República to leave the rate steady.
Posted On October 27, 2017
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Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 5.25%
The Banco de la Repúblcia said that its decision was impacted by the "weakness in economic activity."
Posted On September 1, 2017
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Inflation Continues to Fall in Colombia: July Rate of 3.4% Is the Lowest Since 2014
July's rate of 3.4% is a decrease from the 3.99% seen in June and represents the 12th straight month that inflation has fallen.
Posted On August 9, 2017
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