These are the products on the market that have risen the most in price in 2023 - Sectors

These are the products on the market that have risen the most in price in 2023 – Sectors – Economy

Mitchell G. Patton3 años ago

The National Administrative Department of Statistics (Dane) released the annual inflation figure In Colombia in the period between January 2022 and the same month in 2023, according to this entity, the increase was set at 13.25 percent.

According to the Dane report, the expanded cost of living seven consecutive months above 10 percent. For January 2023, the monthly variation of the Consumer Price Index, CPI, was 1.78 percent.

«The annual behavior of is mainly explained by the variation in the divisions food and non-alcoholic beverages, accommodation, water, electricity, gas and other fuels», the report mentions.

(Keep reading: Usury rate reaches the highest peak of this century, 45.27%).

The largest increases are registered in products such as: arracacha, yams and other tubers, whose increase was 106.83 percent. followed by the onion with an increase of 101.51 percent.

For her part, the yucca presented an increase of 63.17 percent. Among the products that had a less significant increase are: panela with 4.28 percent, mineral water with 9.36 percent and concentrates to prepare soft drinks with 9.52 percent.

(Also: Annual inflation in Colombia does not let up and reached 13.25% in January).

The entity also revealed the cities with the most expensive products, according to the report, the first city is cucuta with 15.91 percent; followed by sincelejo with 15.45 percent and Hunting with 15.35 percent.

Regarding the country’s capital and urban areas, the CPI was set below the national average, in the month of January Bogota had 12.71 percent, Manizales 12.83 percent, while Villavicencio had the lowest figure with 7.08 percent.

(Keep reading: The key points that have been articulated in the Development Plan, according to the draft).

Finally, this percentage of monthly variation is distributed as follows: transportation with 3.98 percent, restaurants and hotels with 3.11 percent, and food and alcoholic beverages with 2.46 percent.