In February 2025, Colombia’s inflation rate increased to 5.28%, exceeding forecasts. This rise was influenced by higher costs in food, transportation, and housing. Meanwhile, the inflation rates for certain services declined, and the monthly increase in consumer prices was 1.14%.
In February 2025, Colombia experienced an increase in its annual inflation rate, reaching a four-month high of 5.28%, compared to 5.22% in January. This rise surpassed market forecasts, which anticipated a rate of 5.11%. The primary contributors to this inflation uptick included escalations in food prices by 4.56%, transportation costs by 5.64%, and housing expenses by 6.58%.
Conversely, inflation rates showed a decline in specific sectors such as restaurants and hotels, which fell to 7.73% from 8.06%, health at 5.42% from 5.47%, and education reducing from 10.62% to 7.38%.
On a monthly basis, consumer prices increased by 1.14%, marking the most significant rise since February 2023. This acceleration from January’s rate of 0.94% matched the market’s anticipated increase of 1.1%.
Colombia’s inflation rate for February 2025 rose to a four-month high of 5.28%, driven by higher food, transportation, and housing costs. Despite this, certain sectors like restaurants, health, and education saw a decline in their inflation rates. The monthly consumer price increase of 1.14% is the largest since February 2023, aligning with market expectations.
Original Source: www.tradingview.com
