{"id":1664727,"date":"2022-09-29T13:55:15","date_gmt":"2022-09-29T17:55:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1664727"},"modified":"2022-09-29T13:55:27","modified_gmt":"2022-09-29T17:55:27","slug":"colombia-12-month-inflation-to-hit-11-25-in-september-bring-more-rate-rises","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/colombia-12-month-inflation-to-hit-11-25-in-september-bring-more-rate-rises\/","title":{"rendered":"Colombia 12-month inflation to hit 11.25% in September, bring more rate rises"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcolombia-12-month-inflation-to-hit-11-25-in-september-bring-more-rate-rises%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1664727&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Nelson Bocanegra<\/p>\n<p>BOGOTA (Reuters) \u2013     Inflation in Colombia will have risen once again in September, sending full-year expectations for 2022 and 2023 upward and pressuring the central bank to extend rate rises beyond previous predictions, analysts said in a Thursday survey.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>The sixteen analysts consulted gave a median estimate of 0.74% for September price rises, nearly double that of the same month last year, though the projection is below the 1.02% increase in August.<\/p>\n<p>Analysts\u2019 estimates ranged between 0.50% and 1%.<\/p>\n<p>If the expectation is met, annual inflation will be 11.25% in the 12 months to September, higher than the 10.84% recorded in August and nearly four times the bank\u2019s long-term 3% target.<\/p>\n<p>\u201cInflationary pressures continue generally and what that has created is a bigger imbalance in the expectations for different timelines,\u201d said Gustavo Acero, analyst at Banco de Bogota.<\/p>\n<p>\u201cThe economy has an important momentum, with a dynamic for the third quarter that is above what was projected, which shows the strength of demand, and inflation pressures detach from there,\u201d he added.<\/p>\n<p>The DANE statistics agency will publish inflation figures on Oct. 5.<\/p>\n<p>Inflation predictions for the year were up to 11.42%, from a 10.10% in last month\u2019s survey.<\/p>\n<p>Projections for the close of 2023 were 6.33%, above the 5.9% in the August survey.<\/p>\n<p>Analysts predict the country\u2019s central bank \u2013 which is likely to raise its benchmark interest rate by either 100 or 150 basis points in a Thursday meeting \u2013 will take the rate to 11% before the end of a rate rise cycle begun last year.<\/p>\n<p> (Reporting by Nelson Bocanegra; Writing by Julia Symmes Cobb; Editing by Alistair Bell)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/colombia-12-month-inflation-to\/attachment\/file-photo-a-man-walks-through-the-paloquemao-market-square\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8S12F-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8S12F-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Nelson Bocanegra BOGOTA (Reuters) \u2013 Inflation in Colombia will have risen once again in September, sending full-year expectations for 2022 and 2023 upward and pressuring the central bank to<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1664727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1664727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1664727"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1664727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1664727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1664727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1664727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}