• 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 3,624.08 +0.55% +COP 19.74Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote
  • Mexican pesoCOP 173.95 +0.78% +COP 1.35Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote

Colombia's inflation rose to 6.30% in October, driven by utilities and food

FinanceColombiaELHERALDO.COAI summary
Image: ELHERALDO.CO

Dane reported that Colombia's annual inflation stood at 6.30% in October, above the 5.51% of October a year earlier and 0.01 percentage points higher than in September. The figure fell within the range expected by analysts, between 6.30% and 6.40%. Housing and utilities contributed 1.05 percentage points to the variation, with inflation of 9.39%. Education, health, and food and non-alcoholic beverages also stood above the national average.

In 35 seconds

  • Annual inflation in October was 6.30%, versus 5.51% a year earlier and 0.01 points higher than in September.
  • Housing and utilities contributed 1.05 percentage points, with inflation of 9.39%.
  • Education (7.44%), health (7.37%) and food and non-alcoholic beverages (7.31%) exceeded the national average.
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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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