Colombia’s Producer Price Index (PPI) rose 3.28% in December 2017 on an annual basis, accelerating to the fastest pace since November 2016, after increasing 1.39% in the previous month, said the country’s statistics office.
In the twelve months through December, the mining sector was the only one to record an above-average price rise of 13.84%. Industry (+1.37%) and agriculture and livestock and fisheries (+0.86%) posted lower inflation.
On a monthly basis, the Colombian PPI increased 0.48%, decelerating from November when it increased 1.58%.
The material has been provided by InstaForex Company – www.instaforex.com
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