• TRM (USD/COP)COP 3,269.88 +0.99% +COP 32.05Colombia's official exchange rate (Financial Superintendence), valid Nov 10 to Nov 10
  • EuroCOP 3,666.85 +1.43% +COP 51.83Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote
  • Mexican pesoCOP 176.24 +1.81% +COP 3.13Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote
Quilla NewsFinance & Technology
ENES

Colombia's inflation held at 6.30% annual rate in October

FinanceColombiaKienykeAI summary
Image: Kienyke

Colombia's CPI posted an annual variation of 6.30% in October, versus 6.29% in September, according to DANE, below the 6.38% expected by analysts in the Citi survey. The monthly indicator was 0.20%, driven by housing and utilities, food, and restaurants and hotels. Food-excluded inflation fell from 6.18% to 6.07% and services inflation from 7.73% to 7.66%. The data comes ahead of the minimum wage talks, which begin on November 18.

In 35 seconds

  • Annual inflation was 6.30% in October, slightly above September's 6.29% and below the 6.38% expected by analysts.
  • Monthly CPI rose 0.20%, with housing and utilities, food, and restaurants and hotels among the divisions with the largest contribution.
  • Potatoes rose 8.25%, electricity 0.44% and gas 0.87%; onions and fresh fruit fell.
Read the full story at Kienyke

IASummary generated by artificial intelligence from a story by Kienyke. 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