Colombia’s producer inflation slowed to 5.87% in February 2025 from 7.67% in January. This marks nine consecutive months of inflation after a period of deflation. The mining sector recorded deflation, and agriculture along with manufacturing showed slight decreases. Monthly producer inflation fell by 0.46%.
In February 2025, Colombia experienced a decrease in producer inflation, which registered a year-on-year increase of 5.87%. This represents a slowdown from January’s inflation rate of 7.67%, marking the ninth consecutive month of increases following a thirteen-month period of deflation.
The mining and quarrying sector witnessed a notable deflation of -1.46%, a stark contrast to the 7.59% increase observed in January. Additionally, agriculture, livestock, forestry, hunting, and fishing sectors saw a slight decline, with prices at 15.85% compared to 16.0%. Manufacturing also experienced a decrease in inflation, from 5.13% in January to 4.46% in February.
On a month-to-month basis, producer inflation fell by 0.46% in February, a decline from the 1.02% increase recorded in January. This trend may indicate a significant shift in the economic environment of the country, necessitating further observation and analysis.
In summary, producer inflation in Colombia decreased to 5.87% in February 2025, a reduction from January’s rate. Key sectors like mining and agriculture reported deflation, while manufacturing showed a declining inflation rate. The month-on-month drop in producer prices highlights a possible economic shift that warrants further exploration.
Original Source: www.tradingview.com