Colombia Inflation to Hit 3 Percent Target by 2028
Colombia central bank chief Leonardo Villar stated that inflation will reach the three percent target by mid 2028. Annual inflation stood at six percent in July amid strong domestic demand.
Colombia’s central bank projects inflation will reach its 3% target by mid-2028, according to bank chief Leonardo Villar speaking on Wednesday afternoon. The target has remained unmet since 2021, with annual inflation standing at 6.03% at the end of July. The delayed timeline highlights persistent structural price pressures facing Latin America’s fourth-largest economy.
