# Banco de la República raises its inflation forecast to 7.1% for the end of 2026 and holds its rate at 12.25% in a split vote

> Banco de la República raised its year-end 2026 inflation forecast to 7.1% from 6.9% and cut its growth forecast to 2.0% from 2.5%. The bank held its policy rate at 12.25% on October 30 in a 4–3 vote; it cited labor costs, strong aggregate spending, El Niño and the Middle East conflict among inflation pressures.

- Date: 2026-11-08 · published 2026-11-09T00:11:33.841Z
- Category: report · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/88256-banco-de-la-republica-raises-its-inflation-forecast-to-7-1-for-the-end-of-2026
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Higher inflation and interest-rate uncertainty can affect the peso and the local financing and import costs faced by feed buyers. The announcement has no direct change to agricultural supply or demand.

## Sources

- theintelligent.com.co: https://theintelligent.com.co/economia/2026/banco-de-la-republica-eleva-proyeccion-de-inflacion-71-para-cierre-de-2026-y-mantiene

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