• TRM (USD/COP)COP 3,301.91 +0.15% +COP 4.84Colombia's official exchange rate (Financial Superintendence), valid Nov 13 to Nov 13
  • EuroCOP 3,658.83 -0.27% -COP 9.84Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote
  • Mexican pesoCOP 176.66 -0.02% -COP 0.04Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote

Inflation holds at 4.9% in October as fuel and food prices are contained

FinanceInternationalLaSextaAI summary
Image: LaSexta

The CPI kept its annual growth rate at 4.9% in October, a level last seen in February 2023 and marking three consecutive months above 4%, according to final INE data. Fuels and lubricants pushed prices down, while food and clothing rose less than a year earlier. Tourist packages and gas partly offset this. Core inflation held at 3.1% and the CPI rose 0.6% month on month.

In 35 seconds

  • Annual CPI held at 4.9% in October, a level last seen in February 2023, with three straight months above 4%.
  • Fuels and lubricants, along with food (2.4%) and clothing and footwear (1.8%), eased inflation.
  • Housing rose to 7.6% on gas prices and recreation to 4.1% on tourist packages.
Read the full story at LaSexta

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

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