# Banco de la República holds rate at 12.25% as inflation rises to 6.03%

> Banco de la República kept its benchmark rate unchanged at 12.25% on 30 October after a 25 basis point hike at the previous meeting. Inflation rose slightly to 6.03%, a little below expectations, while core inflation eased to 6%.

- Date: 2026-11-01 · published 2026-11-01T18:11:25.482Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/30036-banco-de-la-republica-holds-rate-at-12-25-as-inflation-rises-to-6-03
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Colombia's tight monetary stance and El Niño upside risk to food prices point to firmer domestic feed and food costs, while the peso's behavior affects the import cost of feed ingredients.

## Read by commodity

- USDCOP: neutral

## Sources

- macroherald.com: https://www.macroherald.com/banco-de-la-republica-holds-rate-at-12-25-as-inflation-rises-to-6-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.