Colombia’s financial market expected annual inflation to increase from September’s 6.29% to an average forecast of 6.38% for October. The national statistics agency was scheduled to publish the October consumer price index on Monday, and several institutions projected annual inflation between 6.36% and 6.39%.
Higher-than-expected inflation could strengthen expectations for tighter monetary policy, affecting interest rates, the peso and financing costs. The article also notes that analysts expected an annual increase in the food-price category, but does not identify a specific feed commodity.
Not 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.