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
Economy

Colombia 2010 inflation seen at 2.98%: Central Bank survey

by Adriaan Alsema August 11, 2010

Colombia news - Bogota vendors

The Colombian central bank’s monthly survey of inflation expectations shows analysts expect the rate for 2010 to be 2.98%, down from the 3.06% rate anticipated a month earlier.

The 44 analysts polled by the monetary authority had a median prediction that consumer prices in August will rise 0.06%, after falling 0.04% in July.

The bank’s official target range for this year is between 2% and 4%.

In 2009, the inflation rate ended at 2%, below the bank’s target range of 4.5% to 5.5% for the year.

Analysts see the Colombian peso ending 2010 at COP1,870.82 against the U.S. dollar, compared with a closing rate of COP2,043 in 2009.

Analysts on average expect the central bank’s benchmark interest rate will end June at 2.99% and will stand at 3.17% in December. The bank has cut rates by 7 percentage points since December 2008, to 3%. (Inti Landauro / Dow Jones)

Central Bankeconomyinflation

Trending

  • Colombia registers 12th massacre so far this year

  • Journalist resigns after pulling editorial punch at Colombia’s richest man

  • Colombia’s elderly still waiting for COVID-19 vaccines

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