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Inflation in Colombia already shows signs of moderation

Inflation in Colombia already shows signs of moderation

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Tuition costs, household items and transportation were the concepts with the highest contribution in the CPI in February.

Inflation

Inflation

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BY:

Laura Lucia Becerra Elejalde

March 05, 2023 – 09:00 pm

2023-03-05

2023-03-05

The increase in prices continues to hit the pocket of Colombians and, in February, the consumer price index (CPI) reported a monthly increase of 1.66% according to Dane. The annual rate reached 13.28%, a figure that had not been seen since March 1999, that is, for 24 years.

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