(Bloomberg) Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Colombian inflation jumped the most in more than two decades as civil unrest snarled supply chains already strained by coronavirus lockdown restrictions.The annual inflation rate accelerated to 3.30% in May from 1.95% the previous month, its biggest increase since 1998. Consumer prices rose 1% from the previous month, above the 0.79% median estimate from analysts in a Bloomberg News sur
Colombia inflation to have moderated in March, 2021 predictions up: Reuters poll reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
POLL-Colombia January inflation to show moderate growth-analysts Reuters 2/2/2021
By Nelson Bocanegra
BOGOTA, Feb 2 (Reuters) - Colombia s January inflation is expected to show moderate growth after certain industries struggled under restrictions imposed in large cities to control a second wave of coronavirus, a Reuters poll showed on Tuesday.
According to the median view of 23 analysts surveyed, consumer prices will have risen 0.44% in January, in turn pushing 12-month inflation up to 1.62%.
If correct, Colombia s 12-month inflation to January will inch above the 1.61% recorded in 2020, the country s lowest yearly inflation level on record.
Upward inflationary pressures will have been concentrated in food prices, as well as transportation prices, owing to certain tariff increases and fuel costs, said Camilo Perez, head of economic studies at Banco de Bogota.
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BOGOTA Colombia’s January inflation is expected to show moderate growth after certain industries struggled under restrictions imposed in large cities to control a second wave of coronavirus, a Reuters poll showed on Tuesday.
According to the median view of 23 analysts surveyed, consumer prices will have risen 0.44% in January, in turn pushing 12-month inflation up to 1.62%.
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If correct, Colombia’s 12-month inflation to January will inch above the 1.61% recorded in 2020, the country’s lowest yearly inflation level on record.