COLOMBIA: Annual inflation rate In November Rises To Highest level Since may



COLOMBIA: Annual inflation rate In November Rises To Highest level Since may

The Colombian Consumer Price Index (CPI) rose by 4.12% in November year-on-year, according to a 4.05% increase in October – marking the fastest index increase since may, said the country’s statistics office.

The Colombian inflation rate remains slightly above the 4% ceiling of the Central Bank for this year, and above analysts ‘ expectations of 4.09%.

The main contributions to inflation in Colombia in November came from the education, health, communication, entertainment and housing costs.

On a monthly basis, consumer prices rose 0.18% in November, accelerating from October (+0.02%).

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