• 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

October inflation, a key figure for Colombia's 2027 minimum wage

FinanceColombiaPulzoAI summary
Image: Pulzo

DANE publishes October inflation data this Monday, November 9, at 6 p.m., a key input in the 2027 minimum wage negotiation between the government, business groups and unions. Annual inflation was 6.29% in September and the market expects 6.38% for October, according to estimates gathered by national media; Asobancaria projects 6.25%. Fenalco, meanwhile, asked that the real minimum wage adjustment not exceed 9%.

In 35 seconds

  • DANE releases October inflation on November 9 at 6:00 p.m., a key figure for the 2027 minimum wage.
  • Annual inflation was 6.29% in September and the market expects 6.38% in October; Asobancaria estimates 6.25%.
  • Energy, rents, food and restaurant and hotel services are the items pressuring the cost of living, according to the analysts cited.
Read the full story at Pulzo

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

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