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Colombia's central bank technical team raised its 2025 inflation forecast to 4.1% from 3.1%, and expects 3% in 2026. The upgrade reflects peso depreciation expectations and a 9.54% minimum wage increase.
The board recently held its policy rate at 9.50%, the first pause in its easing cycle.
Higher inflation and a weaker peso expectation point to tighter Colombian financial conditions and higher local costs for feed importers, with limited direct effect on grain prices.
tradingview.comFeb 4, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
