The consumer price index in Colombia increased 3.37% in February from a year prior to, losing strength from the previous month, when the index increased 3.68%, according to the nation’s stats office (Dane).
It was the slowest yearly inflation rate since October 2014, when the customer cost index increased 3.29%.
On a month-to-month contrast, the Colombian customer price index increased 0.71% in February. In January, the index grew 0.63%. Far in 2018, the inflation rate in Colombia is up 1.34%.
The customer rate index omitting food rates rose 4.4% in February from a year prior to and increased 0.93% compared to January.
The yearly inflation target in Colombia ranges from 2% to 4%.
The next monetary policy conference at the Colombian central bank is set up for March 20.
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