2024-06-12 15:38:25
The Nationwide Administrative Division of Statistics (DANE) has reported that the Shopper Worth Index (CPI) remained at 7.16% in Might, the identical degree recorded in April of this 12 months. This stagnation stops a streak of 13 consecutive months of inflationary slowdown that started in March of final 12 months, when the inflation price went from 13.28% to 13.34%.
Regardless of the pause within the fall, inflation in Might 2024 is considerably decrease than that of the identical month in 2023, when it stood at 12.36%. The month-to-month determine for Might of this 12 months was 0.43%, the identical as in Might 2023, and to this point in 2024, the collected price of residing is 3.78%.
The month-to-month improve in Might was primarily pushed by the schooling sectors (11.42%), eating places and motels (9.76%), and the lodging, water, electrical energy, gasoline and different fuels (9.14%) sectors. . These sectors have been positioned above the nationwide common and have been the primary contributors to inflationary stagnation.
Different sectors with important will increase embrace transportation (9.07%) and alcoholic drinks and tobacco (8.59%). In distinction, the sectors with extra reasonable will increase have been well being (6.67%), miscellaneous items and providers (5.40%), meals and non-alcoholic drinks (4.40%), and clothes and footwear (3. 3. 4%).
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The sectors that recorded the bottom will increase have been furnishings, home items and for peculiar house upkeep (3.26%) and recreation and tradition (1.98%). Notably, the data and communication sector was the one one which skilled a discount in its costs, with a variation of -0.19%.
When evaluating Might versus April of this 12 months, the class of public providers, together with lodging, water, electrical energy, gasoline and different fuels, was the one which drove month-to-month inflation probably the most with a rise of 0.74%. This was adopted by the eating places and motels divisions (0.65%) and meals and non-alcoholic drinks (0.51%).
Sectors that have been under the month-to-month price have been miscellaneous items and providers (0.42%), well being (0.36%), clothes and footwear (0.20%), and furnishings and home items ( 0.13%).
Then again, the recreation and tradition sectors (-0.02%), transportation (-0.05%), and knowledge and communication (-0.16%) registered reductions of their costs in the course of the month of Might.
This stagnation in inflation, after greater than a 12 months of consecutive declines, raises questions on future financial tendencies and the effectiveness of present insurance policies in controlling the price of residing. Stabilizing inflation could affect financial and financial coverage selections within the coming months, as the federal government and monetary establishments search to steadiness financial development with value stability.
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