From Yahoo Finance: 2025-06-04 12:39:00

Colombia’s consumer price increases expected to slow in May due to lower food costs and peso appreciation. Inflation likely to rise 0.4% in May, below April’s 0.66% increase. Analysts predict 12-month inflation through May to reach 5.12%, well above the central bank’s 3% target.

Inflation expectations for 2025 up to 4.8%, marking fifth consecutive year of inflation above target. Expectations for 2026 also increased to 3.75%. Inflation a key factor in central bank’s decision to cut interest rate in April. May inflation figures to be released on June 9.

Pressures on food and goods contained in May due to favorable exchange rate. Inflation driven by services and regulated goods. Analysts’ projections ranged between 0.15% and 0.54%. Inflation figures for May crucial for understanding economy’s trajectory. Colombia’s central bank closely monitoring inflation trends.

Read more: Colombia inflation likely slowed in May, but up in full-year 2025: Reuters poll