Colombian producer inflation continues to fall in March
Producer prices in Colombia experienced a deceleration to 4.88% year-on-year as of March 2025, down from 5.87% in February. This trend signifies the tenth consecutive increase following thirteen months of deflationary pressures. Notably, there was a sharper decline in prices within the mining and quarrying sector, which fell by 7.25% compared to a 1.46% drop in February. Meanwhile, the agricultural, livestock, forestry, hunting, and fishing sectors saw a slight reduction in their deflation rate, recording a 15.35% decrease from the previous 15.85%. In contrast, the manufacturing sector witnessed a modest price rise, inching up to 4.50% from 4.46%. On a monthly basis, the downward trend in producer inflation continued, with a decline of 0.59%, surpassing the 0.46% drop observed in the prior month.
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