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April interannual inflation in Colombia is 5.16%

April interannual inflation in Colombia is 5.16%
April interannual inflation in Colombia is 5.16%
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Colombia registered in April an interannual inflation of 5.16%, below 7.16% registered the same month of 2024, the statistical authority reported .

The South American country has experienced a moderate recovery after a period of high inflation and measured growth after the Covid-19 pandemic.

“We are seeing a leveling in annual inflation, especially in recent months,” Piedad Urdinola, director of the National Statistics Administrative Department (DANE), considered virtual presentation.

In March, interannual inflation had been located at 5.09%.

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The April economic marker, which reinforces this leveling path, comes in the midst of debates about the future of the country’s monetary policy and demands to lower interest rates.

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In the four months of the year, the accumulated variation of the index was 3.30%. April’s monthly inflation was 0.66%.

Non -alcoholic foods and drinks (1.10%), accommodation, water, electricity and gas (0.74%) and restaurants and hotels (0.63%) were the categories that reported the greatest increases the month.

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According to the DANE, the Colombian economy grew 1.7% in 2024, a slight recovery after years with low indicators.

Less than a year and a half after the departure of President Gustavo Petro of power, are still above their 3%goal.

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