Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
  • About us
  • Support us
  • Contact Us
  • Intelligence
  • Advertising
  • Newsletter
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
News

Central bank survey sees 2011 inflation at 3.3%

by Adriaan Alsema July 12, 2011

Colombia Central Bank

The Colombian central bank’s July survey of inflation expectations showed a increase from the previous month with analysts on average projecting prices to increase 3.3% for the year, within the central bank’s target range of 2% to 4%.

The poll of 39 analysts, released Monday by the central bank, showed inflation expectations rising from the previous month, when the outlook stood at 3.21% for the year.

The poll also projected that inflation for July should come in at 0.12% on month.

Inflation in June accelerated to 0.32%, above economists’ expectations. The central bank started to increase interest rates earlier this year, but the minutes from the last monetary policy meeting showed that at least one of the bank’s seven-member was against increasing the rate.

Another board member suggested that the rate should stay unchanged in the next meeting, which is slated for the end of this month.

The central bank’s poll also shows that analysts on average expect the foreign exchange rate to stand at COP1,795.83 to the dollar by the end of 2011. For the end of July, the average forecast is for the peso to trade at COP1,763.93. On Monday the peso traded at COP1,770 to the dollar.

Central Bankeconomyinflation

Trending

  • Tensions in Colombia over lost COVID-19 vaccine shots

  • Colombia’s COVID-19 vaccination campaign shows first cracks

  • Coronavirus crisis bankrupted 500K of Colombia’s small businesses

Weekly interviews and news updates

Related articles

  • Colombia’s top bankers could face 4 years in prison, but evidence of tax evasion ignored

  • Colombia not considering new coronavirus lockdown

  • Colombia’s central bank elects IMF executive as new president

  • Facebook
  • Twitter
  • Linkedin
  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top