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CPI Surprises To Upside, Colombia Observes National Holiday

COLOMBIA
  • On Saturday, inflation data was released for October which saw the annual headline rate rise to 12.22%, slightly above estimates but well above the 11.44% reading in September.
    • Oct. Consumer Prices Rise 0.72% M/m, Est. +0.64%
    • Oct. Consumer Prices Rise 12.22% Y/y, Est. +12.17%
    • Oct. Core CPI Rises 0.60% M/m
    • Oct. Core CPI Rise 9.15% Y/y
  • Separately, flights between Colombia and Venezuela are expected to resume today.

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