Colombian inflation slows to 4.82%


The result is below the median forecast of 4.91% of 19 economists surveyed by Bloomberg. — Bloomberg

BOGOTA: Colombia’s inflation rate dropped to its lowest level in nearly four years, potentially bolstering the case of the central bank minority who voted for an interest rate cut last month.

Annual inflation eased to 4.82% in June, marking its lowest level since October 2021, the statistics agency reported on Monday.

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