In the next few hours, the DANE will announce the inflation data in Colombia in April. Several forecasts continue to point out that the country will see a price drop on the side of some foods and lower pressures on leases, among others.
The perspective of analysts indicates that the CPI will continue to lose strength this year, even ending up about 4 % that is the upper part of the range of the Bank of the Republic.
However, there are a number of pressures that continue to see, even from The Bank of the Republic, about what can happen with the behavior of inflation in Colombia.
A recent analysis of the Corficolombiana Economic Research Team indicates that there would be a monthly variation of the CPI of 0.48 %, which would allow to continue with the deflationary process, since the annual inflation would slow down 4.97 %.
What comes for inflation in Colombia
“The food and food groups would be, in that order, the ones that would contribute the most to the decrease in inflation, While the groups of goods and regulated would generate upward pressures, ”reads the document.
-On the side of the services, inflation in Colombia would be of the order of 0.44 % monthly compared to 0.68 % of a year ago. The result would be driven by leases and meals outside the home.
The inflation of food would be, in the monthly variation, of 0.85 %, in account that perishable would record a positive monthly variation, driven by the end of harvesting of some products.
“The processing group would slow down its monthly variation product of the slowdown in production costs. Annual inflation would decrease to 4.35 %, from 4.67 % recorded in March, after five consecutive months of increases,” reads.
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The technical team of the Bank of the Republic foresees that inflation in Colombia could continue to lose I impulse this year and 2026, at which time it would end up being of the order of 3 %.
