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Published on Saturday, January 18, 2025

Colombia | Eyes will remain on inflation in 2025

With the beginning of the year, many of us are making our budgets, and understanding how prices changed in 2024 and how they will change in the future is an important starting point in this task.

Key points

  • Key points:
  • 2024 closed on a positive note: a decline in total inflation with downward adjustments by all of its baskets.
  • The 2024 result remained above the target range despite the central bank's efforts to adjust inflation.
  • By 2025, inflation will continue to decline, but will face several elements of risk that will need to be monitored.

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