Analysts expect a drop in inflation in the sixth month of the year



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Today, the National Department of Statistics (Dane) will announce inflation for the sixth month of the year. COLOMBIANO consulted nine brokers and two banks, among them, the average indicated that the result will be 0.19% (see chart).

This figure represents 6 percentage points less than the consumer price index (CPI) hit 0.25% in May, according to the Dane report. Although according to the survey of economic badysts forecasts of the Bank of the Republic, inflation for the sixth month of the year will be 0.18%.

Fun and transport would be the most dynamic groups during the month of June, according to badysts consulted. "We see that the rise in the price of oil has affected the cost of fuel." On the other hand, the 2018 Russia World Cup as well as the student holiday would also mark the segment of entertainment, "explains Javier Felipe Ochoa economic badyst of the stock market commissioner Valoralta.

According to experts consulted by EL COLOMBIANO, the 12-month CPI will be 3.23%. This result is not far from what the survey of financial opinion has shown, carried out by the Foundation for Higher Education and Development (Fedesarrollo): inflation of 3.20% .

Regarding price behavior for the following months, Camilo Durán macroeconomics badyst and rates of the Credicorpcapital brokerage firm, pointed out that inflation without food will continue to moderate. "We consider this indicator, which currently stands at 3.85% at 12 months, according to the Danish, down to 3.30% at the end of December 2018. While the CPI for edible products will increase and we estimate that it reaches about 2.8%, "he says.

That said, the Fedesarrollo survey indicates that the expectations on the cost of living for the end of the year, they remained at 3.30%, a figure that remains in the target range established by the Council of the Issuer's administration, between 2% and 4%.

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