Colombia Inflation Rises to 6.24% in August
Colombias consumer prices rose 0.39 percent in August, pushing annual inflation up to 6.24 percent. The figure exceeded analyst expectations and remains well above the central banks target.
Colombia consumer prices rose 0.39% in August, pushing annual inflation to 6.24% per the national statistics agency DANE. The print exceeded the 0.26% median forecast of analysts and surpassed July's 0.17% monthly increase. Inflation remains well above the central bank's target band of 3% plus or minus one percentage point.
