Colombia July Inflation 0.41%

Colombia’s inflation in July rose by 0.41%, month on month, according to government figures. This compares with a price rise of 0.05% for the same month last year. Consumer prices were driven up by the 1.06% increased costs in transport and communications. Food prices rose 0.52%. Cumulative inflation for the year is running at 3.44%, slightly down on last year’s rate of 3.98% as at the same period. Inflation for the 12 months through July stood at 4.32%, compared with 4.91% for the same period last year.