Colombia inflation to reach 1.45%, below 13% target: analysts

Colombia’s inflation in 2020 will hit the lowest level since records began due to the impact of the coronavirus on domestic consumption, a Reuters poll revealed on Wednesday, with analysts forecasting moderate price increases in 2021. Analysts predicted median consumer price increases of 1.45% this year, far below the central bank’s targeted 3% and the 3.8% reported in 2019.

Source: Nasdaq