Economy

Food prices are through the roof;  these are the incomparable – Sectors – Economy

Food prices are through the roof; these are the incomparable – Sectors – Economy

What contributed the most to inflation in 2022 being 13.12 percent -the highest in 23 years- were food prices (4.88 percentage points) that increased 27.81 percent, according to the director of Dane, Piedad Urdinola."Without a doubt, the trend we are seeing right now corresponds to what has happened since we started the pandemic and quarantines"said the official.(Also read: These are the most expensive cities to live in Colombia; is yours?) The product that most boosted this annual food data was the cost of beef. Between 2017 and 2020, prices were stable, but with the arrival of covid-19 an upward trend…
Read More
Services that rise 13.12% due to inflation: prepare your pocket – Sectors – Economy

Services that rise 13.12% due to inflation: prepare your pocket – Sectors – Economy

One of the most anticipated data with the beginning of 2023 was last year's inflation, since with this figure revealed by the Dane the data will be updated. prices of various products and services that are provided in the country.One of the most important increases is related to tolls. Now that it was known that inflation was 13.12 percent, Invías is preparing a resolution through which the new rates for the 30 tolls that its cargo has in the national territory will be announced.(Also read: Food prices are through the roof; these are the ones that are unaffordable) Likewise, the…
Read More
What are the cheapest cars in Colombia?  – Personal Finance – Economics

What are the cheapest cars in Colombia? – Personal Finance – Economics

Exactly six months ago, Motor magazine reviewed the line of the 'most popular cars' by price in the Colombian market and when doing this review again, it found several changes, not only in terms of protagonists, but also in the range of beautiful. (More from Engine: The most and least satisfying cars to drive). The first of them has to do with the price of the most affordable car in the national market. Six months ago he used a protagonist whose price was 42 million pesos. However, said car is no longer around. Now the most affordable starts at 52…
Read More
Inflation in Colombia reached 13.12% in 2022 – Sectors – Economy

Inflation in Colombia reached 13.12% in 2022 – Sectors – Economy

The National Administrative Department of Statistics (Dane) revealed this Thursday that the In Colombia inflation was 13.12 percent in 2022when a year ago it was only 5.62 percent.According to the director of Dane, Piedad Urdinola, Colombia did not register a similar level of inflation since March 1999 when it reached 13.51 percent. (Also read: The rise in food prices continues: these are the most expensive) Colombia has not registered a similar level of inflation since March 1999 when it reached 13.51 percent. In just the month of December, the cost of living for Colombians increased 1.26 percenta much higher figure…
Read More