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%).