• TRM (USD/COP)COP 3,297.07 +0.83% +COP 27.19Colombia's official exchange rate (Financial Superintendence), valid Nov 11 to Nov 12
  • EuroCOP 3,668.67 +0.05% +COP 1.82Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote
  • Mexican pesoCOP 176.70 +0.26% +COP 0.46Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote

Cartagena posted the country's highest monthly inflation in October and Santa Marta led the Caribbean's annual rise, according to DANE

FinanceColombiaEl TiempoAI summary
Image: El Tiempo

DANE reported that in October Cartagena recorded the highest monthly CPI variation among Colombian cities, at 0.59%, driven by food and non-alcoholic beverages (1.44%) and restaurants and hotels (1.22%). In the annual measure, Santa Marta led the Caribbean with 6.88%, while Valledupar had the region's lowest reading at 4.02% and a monthly drop of 1.32%. Nationally, the monthly variation was 0.20%, the January-October accumulated figure was 5.94% and annual inflation was 6.30%.

In 35 seconds

  • Cartagena recorded the country's highest monthly CPI variation in October, at 0.59%, more than double the national average of 0.20%.
  • Santa Marta led Caribbean annual inflation at 6.88%, followed by Cartagena (6.40%) and Barranquilla (6.02%).
  • Valledupar had the region's lowest annual inflation (4.02%) and a monthly price drop of 1.32%.
Read the full story at El Tiempo

IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.

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