• TRM (USD/COP)COP 3,237.83 +0.30% +COP 9.57Colombia's official exchange rate (Financial Superintendence), valid Nov 7 to Nov 9
  • EuroCOP 3,615.02 +0.30% +COP 10.68Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
  • Mexican pesoCOP 173.11 +0.30% +COP 0.51Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote

Colombia faces the risk of a dangerous combination: low growth and high inflation

FinanceColombiaRevista SemanaAI summary
Image: Revista Semana

Dane will publish October inflation data on Monday, November 9, which is expected to rise. Bancolombia forecasts 0.25% monthly and 6.36% annual, the highest level since July 2024; Anif estimates around 6.3% and BTG Pactual 0.38% monthly and 6.34% annual. The country would complete seven years without meeting the Banco de la República's 3% target. The figure will influence 2027 prices and the minimum wage negotiation.

In 30 seconds

  • Bancolombia estimates 0.25% monthly in October and 6.36% annual, the highest level since July 2024
  • Anif expects around 6.3% annual and BTG Pactual 6.34%, with 6.9% by year-end
  • Colombia would complete seven years outside the Banco de la República's 3% inflation target
Read the full story at Revista Semana

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

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading