August inflation in Colombia was 5.10%, in line with the projections of analysts and what DANE informed.
Economists in Antioquia assure that the decline that inflation in the country will serve for the Bank of the Republic to accelerate the decision to reduce the interest rate.
According to Dane, inflation in Colombia rose in August and reached an annual variation of 5.10%, placing again above 5%. The report also showed that the monthly variation of the CPI was 0.19 %, while inflation reached 4.22 %.
Factors that promoted monthly inflation
The Dane explained that the August behavior was marked by the increase in the prices of non -alcoholic food and drinks, as well as restaurants and hotels.
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Also read: August inflation in Colombia could rise to 5.19%, according to analysts
“The greatest variations They were presented in the divisions of alcoholic beverages and tobacco (0.59 %) and restaurants and hotels (0.49 %)”, Said the entity.
Among the products with the highest increases were beer and refuse (0.73 %), soft drinks and other soft drinks (1.42 %) and meals in restaurants and self -services (0.53 %). On the contrary, spending on discos and bars decreased 0.41 %.
Sectors with price reductions
Some divisions recorded falls in their prices. “The Division of Recreation and Culture had A monthly variation of -0.30 %, explained mainly by the decreases in complete tour packets (-2.11 %) and computer equipment (-2.05 %), ”said the report.
Likewise, the information and communication sector had a monthly variation of -0.15 %, with an outstanding reduction in mobile telephone equipment and repairs (-3.33 %).
Run and annual year inflation
Between January and August, the CPI accumulated a variation of 4.22 %. Within this period, the greatest pressure came from food and non -alcoholic beverages, with increases in products such as tomato (50.64 %), coffee (47.43 %) and onion (45.30 %).
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In the annual measurement, the items that contributed the most to the result of 5.10 % were accommodation, water, electricity, gas and fuels, as well as food. However, the increase in education (7.87 %), restaurants and hotels (7.78 %) was highlighted and hot drinks such as coffee, tea and chocolate (11.54 %).
For its part, the Division of Information and Communication reported an annual variation of -0.85 %, dragged by the drop in mobile telephony and related services (-24.60 %).
Source: Integrated information system
