# Central bank raised its inflation forecast and expects it to end the year at 7.1%

> Banco de la República raised its forecast for 2026 year-end inflation to 7.1%, from 6.9% in its July projection. The bank cited stronger El Niño effects on food prices and some regulated prices, while saying inflation is expected to decline in 2027 and 2028.

- Date: 2026-11-06 · published 2026-11-07T03:14:23.032Z
- Category: weather · region Colombia · magnitude medium
- Page: https://feedsoft.ai/events/85448-central-bank-raised-its-inflation-forecast-and-expects-it-to-end-the-year-at-7-1
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

El Niño-related pressure on food prices could raise costs across agricultural supply chains, including feed inputs, though the article identifies no specific commodity. Higher inflation may also influence monetary policy and broader demand.

## Sources

- larepublica.co: https://www.larepublica.co/economia/emisor-actualizo-al-alza-su-proyeccion-de-inflacion-y-preve-que-cerrara-el-ano-en-7-1-4518800

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