Colombia's October inflation came in at 6.30% annually, below expectations

FinanceColombiaEl EspectadorNov 10, 2026, 5:40 AMAI summary

DANE reported that annual inflation in October was 6.30%, below what analysts consulted by Fedesarrollo and Banco de la República expected, though above September's figure. Food prices accelerated amid pressures from the El Niño phenomenon. With inflation more than double the 3% target, the interest rate remains at 12.25% after the last 0.25-point hike in September.

In 25 seconds

Annual inflation in October was 6.30%, below what analysts expected.
Food prices accelerated amid pressures from the El Niño phenomenon.
Banco de la República's interest rate remains at 12.25% after the 0.25-point hike in September.

Read the full story at El Espectador

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

inflación
DANE
Banco de la República
tasas de interés
Colombia

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

Potato prices surged 98% and pushed Colombia's annual inflation to 6.30% in October
According to Dane, Colombia's October 2026 CPI posted an annual variation of 6.30% and a monthly variation of 0.20%. Restaurants and hotels, education, health and food exceeded the national average. Potatoes rose 98% year on year, fresh fruit 15.90% and beef 13.31%. Annual core inflation slowed from 6.03% to 5.91%. Armenia led among cities at 7.29%, followed by Bucaramanga (7.15%) and Medellín (7.11%).
FinanceColombiaEl Colombiano6:00 AMAI
Colombia's UVT for 2027 estimated at 55,684 pesos after October inflation data
With middle-class inflation at 6.32% through October, the 2027 UVT can be estimated at 55,684 pesos by applying that percentage to this year's value of 52,374 pesos, under the Tax Statute. The Dian must certify the figure through a resolution. At that value, the minimum fine would be 556,840 pesos (10 UVT), and individuals with gross assets from 4,500 UVT, or 250,578,000 pesos, would be required to file income tax returns.
FinanceColombiaRevista Semana5:47 AMAI
FDA warns GLP-1 drugs carry potential risk of rare eye condition
The FDA warned that GLP-1 drugs carry a potential risk of a rare but serious eye condition and required pharmaceutical companies to inform patients and doctors. The condition is non-arteritic anterior ischemic optic neuropathy (NAION), sometimes called an "eye stroke," caused by insufficient blood flow to the optic nerve. It typically causes sudden vision loss and, in severe cases, can lead to blindness; there are no proven treatments. These drugs include Novo Nordisk's Ozempic and Wegovy and Eli Lilly's Mounjaro and Zepbound.
FinanceInternationalSTAT1:26 AMAI
Dollar closed at COP 3,269 after rising COP 29.50 on Monday
The dollar closed Monday at COP 3,269, COP 29.50 above Friday's close (COP 3,239.50), a 0.91% rise. During the session the currency hit a low of COP 3,235 and a high of COP 3,288.50. The TRM stood at COP 3,237.83, up COP 9.57 from Friday. Analysts attribute the move to external factors and expectations around DANE's October inflation data and the progress of the Fiscal Rescue Law. Bancolombia projects a range of COP 3,120 to COP 3,300 for November.
FinanceColombiaDiario del Sur12:03 AMAI

Colombia's October inflation came in at 6.30% annually, below expectations

In 25 seconds

Comments

Keep reading

Potato prices surged 98% and pushed Colombia's annual inflation to 6.30% in October

Colombia's UVT for 2027 estimated at 55,684 pesos after October inflation data

FDA warns GLP-1 drugs carry potential risk of rare eye condition

Dollar closed at COP 3,269 after rising COP 29.50 on Monday