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  • Publicación |

    The Inflation Targeting Scheme in Colombia

     

    OBJECTIVES

  • Publicación |

    As established in Article 5° of Act 31 of 1992, the Board of Directors of the Central Bank of Colombia submitted its second report of 2016 to the Congress of Colombia. The report analyzes the results of the Colombian economy to date, as well the national and international outlook for the current…

  • Publicación |

    The Board of Directors of the Central Bank of Colombia submitted its first report of the year to the Congress of Colombia. The report analyzes the international economic environment, the performance of the Colombian economy in 2016, and the outlook for this year. In this context, the monetary…

  • Publicación |

    During the first semester of the year, a weak global demand, a fall of export prices in some countries and a low investment dynamic led to reduced growth forecasts for most Latin American and the Caribbean economies. In contrast, the Colombian economy shows signs of soundness, and growth in 2014…

  • Publicación |

    The Inflation Targeting Scheme in Colombia

  • Publicación |

    OBJECTIVESMonetary policy in Colombia is based on inflation targeting, which is intended primarily to keep inflation low and to ensure stable growth in output near its long-term trend. Accordingly, the objectives of monetary policy combine the goal

  • Publicación |

    Since early last year relative food prices has shown an upward trend, which has not reverted yet (Graph B2.1). In annual terms, food inflation has risen almost steadily since December 2013, the month when it reached 0.9%, before jumping to 4.7% a year later and ending …

  • Publicación |

    One way to explain the rise in inflation from 2.89% in July 2014 to 8.60% in June 2016 is to analyze the contribution from each component of the CPI. This period was selected because it was when the peso began to depreciate sharply against the dollar.

  • Publicación |

    Consumer prices in Colombia trended upward in the past two years. This section is an attempt to show to what extent this performance is explained by the price hikes in the border cities of Cucuta and Pasto. The annual price increases in those cities have exceeded the …

  • Publicación |

    OBJECTIVES

  • Publicación |

    OBJECTIVES

  • Publicación |

    OBJECTIVES

  • Publicación |

    The Inflation Targeting Scheme in Colombia

  • Publicación |

    The Inflation Targeting Scheme in Colombia 

    OBJECTIVES

  • Publicación |

    The Inflation Targeting Scheme in Colombia 

    OBJECTIVES

  • Publicación |

    The Inflation Targeting Scheme in Colombia 

    OBJECTIVES

  • Publicación |

    The Inflation Targeting Scheme in Colombia 

    OBJECTIVES

  • Publicación |

    During the second semester of 2013, the international environment was characterized by the gradual recovery in the Eurozone and the U.S. economy, as well as by an upturn in the Chinese economy. Although overall uncertainty regarding the moderation of the United States monetary policy impacted…

  • Publicación |

    The Inflation Targeting Scheme in Colombia

  • Publicación |

    In 2011, the international economic environment was characterized by a high degree of uncertainty brought about by the problems of public or private debt in many of the industrialized countries. The financial conditions in the euro zone deteriorated significantly in the last quarter of the year…