Agricultural prices slowed their rise in October, but the effect on consumers would not be immediate
The Agricultural Price Index of the Bolsa Mercantil de Colombia rose 0.22% in October versus September, when it had risen 1.72%. The annual variation fell from 5.86% to 4.79% and the index stood at 255.30 points. The exchange warned that this behavior does not imply an immediate reduction in the prices consumers pay due to lags and costs along the chain, and projects food inflation close to 6% by year-end.
In 40 seconds
- The IPAP-BMC rose 0.22% in October, versus 1.72% in September; the annual variation fell from 5.86% to 4.79%.
- 48.5% of the index's 33 classes recorded increases, fewer than in September; chicken, eggs and bananas pushed upward.
- The Bolsa Mercantil projects food inflation close to 6% by year-end, with a point estimate of 6.2% for December.
IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.




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