Producer inflation in Colombia slowed to 5.87% year-on-year in February 2025, down from 7.67% in January. Various sectors saw deflation, particularly mining and quarrying. On a monthly basis, inflation decreased by 0.46% from a 1.02% increase in January.
In February 2025, producer prices in Colombia experienced a year-on-year increase of 5.87%, demonstrating a slowdown from the previous month’s rise of 7.67%. This marks the ninth consecutive increase following a period of thirteen months characterized by deflation.
The mining and quarrying sector exhibited a notable deflation rate of -1.46%, a significant change from January’s 7.59%. Similarly, the agriculture, livestock, forestry, hunting, and fishing sectors showed a slight decrease, with prices at 15.85% compared to 16.0% in the prior month. Manufacturing prices also declined to 4.46%, down from 5.13%.
On a monthly basis, producer inflation decreased by 0.46%, which is a reduction from the 1.02% increase observed in January.
In summary, Colombia’s producer inflation is demonstrating a notable slowdown in February 2025, marking a significant drop in price increases across multiple sectors including mining and agriculture. This change follows a long spell of inflation, highlighting shifts in the economic landscape. Overall, the reduction in both annual and monthly inflation rates indicates a potential stabilization in producer prices.
Original Source: www.tradingview.com
