Rates round-up: Latin American central banks battle persistent inflation

Central America and Caribbean Islands

Colombia: The Central Bank of Colombia increased interest rates by 150 basis points on July 29 as it aims to bring inflation down to the 2–4% target.

In June, inflation increased year on year by 9.7%, up from 9.1% in May, its policy statement noted. Additionally, core inflation excluding food and regulated prices rose from 5.9% to 6.1% over the same period.

Inflation expectations continue to rise. A survey of analysts carried out by the central bank found average inflation forecasts for 2022

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: