• 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

Market expects Colombia's inflation to rise to 6.38% in October

FinanceColombiaELHERALDO.COAI summary
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Dane will release October's inflation figure this Monday, after September closed at 6.29%. The financial market expects an average increase to 6.38%. Grupo Cibest (Bancolombia) estimates 6.36%, which would mark a third consecutive monthly rise and the highest level since July 2024, with an annual increase in food. Banco de Bogotá and Acciones y Valores project 6.36%; Banco de Occidente and Citi, 6.37%; Alianza and Colfondos, 6.38% and 6.39%.

In 35 seconds

  • Dane publishes October's CPI this Monday, after September closed at 6.29%.
  • The average of analysts points to 6.38% for the annual variation.
  • Grupo Cibest (Bancolombia) estimates 6.36%, which would mean three consecutive months of increases and the highest level since July 2024.
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IASummary generated by artificial intelligence from a story by ELHERALDO.CO. It may contain errors: the original source prevails.

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