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Colombia's central bank technical staff raised its 2026 inflation forecast to 7.1% from 6.9% and its 2027 forecast to 4.8% from 4.3%, citing El Niño effects on food, regulated prices and restaurant meals. It also cut 2026 GDP growth to 2% from 2.5% and 2027 growth to 1.7% from 1.9%.
Higher food inflation tied to El Niño and costlier oil and freight point to pressure on Colombian feed and food costs, while weaker growth may dampen domestic demand for animal protein and feed.
elnuevoherald.comReutersNov 5, 2026Not 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.
