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March Inflation Beats Estimates, Annual Rate Breaches 8.5%

COLOMBIA
  • Colombia March Consumer Prices Rise 1.0% M/m, Est. +0.96%
  • Colombia March Consumer Prices Rise 8.53% Y/y, Est. +8.48%
  • Colombia March Core CPI rises 0.59% m/m
  • Colombia March Core CPI rises 5.31% y/y
  • Colombian inflation continued its advance in March. Additional pressures from supply shocks on food prices were evident with signs those shocks spilled over to prices of other goods and services, as well as evidence of ongoing price indexation to previous high inflation. Fuel prices dipped from the month prior as the government worked to limit the impact from increasing global oil prices.

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