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Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories

Prices of carrots, beets, junca, onions, broccoli, and green beans rose over 10% due to lower supply from key regions.

16 of 23 cities saw positive wholesale market growth, with Tibasosa up 67.8%, Manizales 29.2%, and Bogotá 8.4%, despite some declines.

Imported dry peas, yellow corn, lentils fell; domestic beans, prime rice, corn on the cob rose.

Food price trends show the need for planning with technical tools to foresee supply issues and guide policies for food security.

Vegetable prices rose over 10% for onions, tomatoes, and more due to rain-reduced harvests in Boyacá, Nariño, and Cundinamarca.

While campaigning for president, Gustavo Petro explicitly promised that there would be no expropriation during his term.

For the first time since last September, the inflation rate in Colombia landed within the central bank’s target range.

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.