Annual inflation in Colombia does not let up and reached 13.25% in January – Sectors – Economy
According to information revealed by the National Administrative Department of Statistics (Dane), 2023 began with inflation of 13.25 percentin annual terms, which is almost double when compared to the 6.94 percent reported in January of last year.The director of Dane, Piedad Urdinola, said that high inflation during this month is traditional in the Colombian economy due to the increases that occur at the beginning of the year.(Also read: Reasons why inflation continues unstoppable, despite Petro shock measures) Regarding the monthly data, last January the cost of living increased 1.78 percent. A year ago it was only 1.67 percent. What marked…
