Colombia registered an inflation of 0.72% in October, which is close to market expectations and continues to reflect the pressures deriving from robust consumption and the devaluation of the local currency, according to data from the National Statistics Department (Dane) released this month. Saturday (5).
According to the average of a Reuters poll, the market was projecting inflation of 0.70% in October. The variation compares with 0.01% in October last year and 0.93% in the last month of September.
Inflation in October was mainly driven by a 1.21% rise in food and non-alcoholic beverage prices; 1.09% in transport; 0.90% in miscellaneous goods and services and 0.89% in entertainment and culture, specified the Department.
Between January and October, consumer prices rose 10.86%, well above the 4.34% in the same period in 2021.
In the last 12 months through October, inflation reached 12.22%, compared to 4.58% in the same period of the previous year, the highest since March 1999 and more than four times above the target established by the Central Bank. , of 3%.
Source: CNN Brasil
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