Producer Prices in Colombia increased 3.86 percent year-on-year in April of 2023 easing from a 7.36 percent rise in the previous month. It marked the lowest figure since January 2021 and the ninth consecutive month of a slowdown in producer inflation. Factory gate prices increased at a slower pace for agriculture, livestock, forestry, hunting and fishing (11.33% vs 18.74% in March) and manufacturing industries (10.36% vs 13.2%), while prices dropped further for mining and quarrying (-18.58% vs -16.13%). On a monthly basis, producers' inflation went down 1.38 percent, after dipping 0.8 percent in the previous month. source: Dane, Colombia

Producer Prices Change in Colombia averaged 5.79 percent from 2000 until 2023, reaching an all time high of 35.65 percent in April of 2022 and a record low of -5.16 percent in May of 2020. This page provides - Colombia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Producer Prices Change in Colombia is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Producer Prices Change is projected to trend around 6.00 percent in 2024 and 5.00 percent in 2025, according to our econometric models.

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Colombia Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-04-05 07:00 PM Mar 7.36% 13.17% 10.1%
2023-05-04 07:00 PM Apr 3.86% 7.36% 5.9%
2023-06-05 07:00 PM May 3.86% 3.0%


Related Last Previous Unit Reference
Inflation Rate 12.82 13.34 percent Apr 2023
Inflation Rate MoM 0.78 1.05 percent Apr 2023
Consumer Price Index CPI 132.80 131.77 points Apr 2023
Producer Prices 182.62 185.58 points Apr 2023
Food Inflation 18.47 21.81 percent Apr 2023
Producer Prices Change 3.86 7.36 percent Apr 2023
Import Prices 169.69 173.50 points Apr 2023
Export Prices 181.21 187.89 points Apr 2023
CPI Transportation 134.58 132.88 points Apr 2023
CPI Housing Utilities 121.04 119.67 points Apr 2023

Colombia Producer Prices Change
In Colombia, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
3.86 7.36 35.65 -5.16 2000 - 2023 percent Monthly
NSA

News Stream
Colombia Producer’s Inflation at 27-Month Low
Producer Prices in Colombia increased 3.86 percent year-on-year in April of 2023 easing from a 7.36 percent rise in the previous month. It marked the lowest figure since January 2021 and the ninth consecutive month of a slowdown in producer inflation. Factory gate prices increased at a slower pace for agriculture, livestock, forestry, hunting and fishing (11.33% vs 18.74% in March) and manufacturing industries (10.36% vs 13.2%), while prices dropped further for mining and quarrying (-18.58% vs -16.13%). On a monthly basis, producers' inflation went down 1.38 percent, after dipping 0.8 percent in the previous month.
2023-05-04
Colombia Producer Inflation Eases to 25-Month Low
Producer Prices in Colombia rose 7.36 percent year-on-year in March of 2023 easing from a 13.17 percent rise in the previous month. It marked the lowest figure since February 2021 and the eighth consecutive month of a slowdown in producer inflation. Costs increased at a slower pace for agriculture, livestock, forestry, hunting and fishing (18.74% vs 20.49% in February) and manufacturing industries (13.2% vs 14.92%), while prices decline for mining and quarrying (-16.13% vs 1.7%). On a monthly basis, producers' inflation went down 0.8 percent, after a 1.15 percent rise in the previous month.
2023-04-05
Colombia Producer Inflation at Almost 2-Year Low
Producer Prices in Colombia rose 13.17 percent year-on-year in February of 2023 easing from a 16.79 percent rise in the previous month. It marked the lowest figure since March 2021 and the seventh consecutive month of slowdown in producer inflation. Costs increased at a slower pace for agriculture, livestock, forestry, hunting and fishing (20.49% vs 25.39% in January), manufacturing industries (14.92% vs 15.3%), and mining and quarrying (1.7% vs 13.66%). On a monthly basis, producers' inflation went up 1.15 percent, accelerating from a 0.76 percent rise in January.
2023-03-03