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Question (En)
What is the rate of inflation in Colombia?
Answer (En)
As of 2024, Colombia’s inflation rate stands at approximately 10.5%, reflecting global economic pressures, including the aftermath of the COVID-19 pandemic and global supply chain disruptions. Inflation impacts food, transportation, and housing costs, contributing to the challenges faced by the lower-income population. The government and the Central Bank have taken measures to address inflation through interest rate adjustments and fiscal policies.
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