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Inflation in Colombia in 2017 was 4.09%, 1.66 percentage points less than the figure reported in 2016 which was 5.75%, reported the National Administrative Department of Statistics (DANE).

“Good news for the homes of the country, inflation was 4.09% in 2017, 1.66% less than in 2016. This is greater purchasing power for Colombians, minimum salary increased 1.81% above,” said President Juan Manuel Santos in a message broadcast on your Twitter account.

The variation of the Consumer Price Index (CPI) last December was 0.38%, while in the same month of 2016 it was 0.42%. The group of foods was the one that had the lowest annual variation with 1.92%, a decrease of 5.30 points with respect to the ancestor year, followed by clothing (1.98%) and housing (4.49%), detailed the Dane in a statement.

“The greatest negative variations were peas (-23.44%), other tubers (-20.33%) and rice (-16.45%) .The greatest positive variations were recorded on onion (65.16%), potato (53.50%) and carrot (33.52%), “added the information.

The health groups and other expenses also registered a lower variation. In 2017, the spending group that recorded the greatest variation was fun with 7.69%, 3.64 percentage points more than in 2016.

Education and communications also had a positive variation of 7.41% and 6.43%, respectively. “The smallest contributions to the annual variation of the CPI for 2017 were registered in rice with -0.24 percentage points, other vegetables and dried vegetables with -0.06 percentage points and peas with -0.04 percentage points”, added the DANE.

According to the National Administrative Department of Statistics, “the largest contributions” to the 2017 variation of the CPI were presented at lunch (0.37 percentage points), effective leasing (0.31) and fuels (0.22) “.

 

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