Colombia’s inflation rose to 5.28% in February 2025, driven by higher prices for food, transportation, and housing, while some sectors experienced slower growth. The monthly price increase was 1.14%, the highest since February 2023.
In February 2025, Colombia’s inflation reached a four-month peak of 5.28%, up from the 5.22% recorded in January and surpassing the anticipated 5.11%. This uptick in the annual rate is primarily attributed to significant price increases in essential sectors such as food, transportation, and housing.
Food prices increased by 4.56%, while transportation saw a rise of 5.64%, and housing costs climbed 6.58%. In contrast, some sectors experienced a slowdown in price growth; for instance, the cost for restaurants and hotels rose by 7.73%, which is lower than January’s 8.06%.
Additionally, health and education costs saw moderated growth rates, with health rising to 5.42% from 5.47% and education climbing to 7.38% from a steep 10.62%. On a monthly basis, consumer prices surged 1.14%, marking the fastest increase since February 2023, and slightly up from 0.94% in January. This monthly rise aligned closely with market expectations of 1.1%.
Colombia’s inflation rate has reached 5.28%, influenced by increases in food, transportation, and housing prices, while some sectors, such as restaurants, health, and education, displayed slower growth. The monthly consumer price increase of 1.14% marks a notable acceleration, reflecting ongoing economic trends and market expectations.
Original Source: www.tradingview.com