Colombia’s producer inflation rose by 5.87% year-on-year in February 2025, down from 7.67% in January. This marks the ninth consecutive monthly increase, following thirteen months of deflation. Deflation occurred in mining and quarrying, with minor decreases in agriculture and manufacturing. Month-to-month, producer inflation fell by 0.46%.
In February 2025, producer prices in Colombia showed a year-on-year increase of 5.87%, a decrease from the previous month’s rise of 7.67%. This change signifies the ninth consecutive month of rising producer prices, following a period of thirteen months marked by deflation.
Notably, prices in the mining and quarrying sector experienced deflation, recording a decline of 1.46% compared to January’s 7.59% increase. Additionally, agriculture, livestock, forestry, hunting, and fishing prices slightly decreased from 16.0% to 15.85%, while manufacturing prices also decreased from 5.13% to 4.46%.
On a month-to-month basis, producer inflation declined by 0.46%, an easing from the 1.02% increase observed in January. This trend may indicate a shift in economic conditions affecting producer prices significantly.
The February 2025 data on producer inflation in Colombia reveals a slowdown in price increases across various sectors. The transition from a 7.67% increase in January to a 5.87% rise underscores ongoing adjustments in the market. Furthermore, the deflation noted in mining and quarrying, along with slight decreases in other sectors, highlights the changing economic landscape.
Original Source: www.tradingview.com