# US dollar hike raises concern over inflation in Colombia - Colombia News

> The US dollar rose sharply against the Colombian peso, reaching about COP3,398 on Friday and lost 15% of its value over the past month for the peso. Local analysts expect inflation data from DANE, with Citi forecasting 3.3% year-on-year, up 0.2 points from 2018.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/58874-us-dollar-hike-raises-concern-over-inflation-in-colombia-colombia-news
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A weaker peso raises the cost of imported inputs and goods, which is a macro currency driver rather than a direct feed commodity move; for feed buyers it signals pressure on Colombian importers of feed ingredients priced in dollars.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- colombiareports.com: https://colombiareports.com/us-dollars-rise-raises-concern-over-inflation-in-colombia/

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