Colombia cbank sees 01 inflation 7.6% vs 8.0% goal

- Central Banking staff
- 25 Jan 2001

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Colombia's central bank projects inflation to fall to 7.6% this year and 6.9% in 2002, according to the body's December 2000 inflation report, released on Jan. 26, 2001. The 2001 figure is down from the official goal of 8.0% and year 2000 final result of 8.8%, while the 2001 projection is up from a preliminary target of 6.0%, set in 1999.

Central bank governor Miguel Urrutia told journalists after a press conference that inflation is seen falling despite expected economic improvement because

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