Inflation Colombia: the foods that have risen the most in price – Sectors – Economy

Inflation Colombia: the foods that have risen the most in price – Sectors – Economy

The inflationary pressures continued into February. According to the National Administrative Department of Statistics (Dane), the cost of living for Colombians increased 1.66 percent. With this, the variation for the year to date was 3.47 percent and the annual variation was 13.28 percent.

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What is marking the annual variation the most is the branch of food and non-alcoholic beverages, which has grown by 24.14 percent compared to February 2022.

Specifically, the foods that have dried up the most in price in the last year are arracacha, nombre and other tubers, with a growth of 103.90 percent; followed by onion (75.78 percent) and plantains (48.84 percent).

Other foods with the highest price increases are rice, which today is 48.42 percent more expensive than a year ago, or coffee, which has increased by 46.46 percent.

It is followed by passenger transport, with an increase of 42.84 percent; sugar, which has grown by 42.29 percent; dry legumes another 42.08 percent; and carrots, with 39.56 percent.

Also the cassava (39.42 percent), milk (34.55 percent), canned legumes and vegetables (33.89 percent)fried foods such as French fries (33.89 percent) and wheat (33.53 percent).

The only price decrease in food compared to last year is reported in the subclass of potatoes, with a fall of 1.69 percent.

There are three other items that are not food that are also falling compared to a year ago. These are: baby items (-0.69 percent), medical supplies (-2.62 percent) and information processing devices and hardware (-3.06).

Around 30 members of the Dane register Corabastos every night asking for the prices of the products.

Photo:

Mauricio Moreno. TIME

What has priced the most in the last year:
(figures in %)

1 Arracacha, name and other tubers 103.90
2 Onions 75.78
3 Bananas 48.84
4 Rice 48.42
5 Coffee and coffee-based products 46.46
6 Transportation of passengers and luggage by plane 42.84
7 Sugar and other sweets 42.29
8 dry legumes 42.08
9 Carrot 39.56
10 Cassava for home consumption 39.42
11 Vehicle insurance 38.22
12 Products derived from tubers 35.18
13 milk 34.55
14 Canned and dehydrated legumes 33.89
15 Fritters: French fries, patacones 33.89
16 Wheat and derivatives 33.53
17 Cow butter 32.70
18 Cleaning products 32.12
19 Corn and its derivatives 31.48
20 Cheese and related products 29.21

By Mitchell G. Patton

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