Colombia Inflation Dips but Core Pressures Intensify

2026-03-12 - 13:43

Key Points — Colombia’s annual inflation fell to 5.29% in February from 5.35% in January — beating market expectations of 5.49% — but the decline was almost entirely driven by a government-mandated gasoline price cut that masked accelerating pressures in services, food, and core measures. — Services inflation climbed to 6.45% annually, contributing 55% of