Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
COLOMBIA
- Released over the weekend, November CPI increased by 0.5% M/m against an estimate of 0.21%. This took the annual figure to 5.26% from 4.58% in October, with Core CPI also accelerating to 3.37% Y/y against a prior reading of 2.86%.
- The next BanRep decision is scheduled for December 17 where these inflation data will likely boost the likelihood of the MPC sticking with the accelerated 50bp hiking pace, set in October. This would bring the overnight lending rate to 3%.
- Consumer confidence is the sole domestic data point on the calendar this week. Economic activity data, retail sales and manufacturing/industrial production all due next week before the Friday BanRep decision.
Colombia CPI Y/y - Source Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok