- Colombian inflation accelerated less than expected in February to 13.28%, the fastest increase since 1999, below the median forecasts of 13.36%.
- Food prices, restaurants and hotels, household items, and transportation led to the increase.
- Core prices rose 10.86% from a year earlier from 10.43% in January.
- The central bank's board holds its next monetary policy meeting on March 31.
Colombia Prices Rise Less than Forecast to a Fresh 24-Year High
Colombian inflation accelerated less than expected in bittersweet news for policymakers as core price increases continued to gain pace.
