[ad_1]
The Producer Price Index (PPI) in Colombia fell 0.12% in June due to lower costs in mining and agriculture, said Wednesday the National Department of Statistics (Dane). . In June of last year, the index had registered a decrease of 0.50%. The figure for the sixth month of this year was lower than in May, when the index rose 2.20 percent.
Prices badociated with mining declined 1.32 percent in June, while prices for agriculture, livestock, and fishing declined by 0.10 %. In contrast, industry prices rose by 0.20%
The PPI is an anticipated benchmark for consumer prices, the main measure of local inflation, which will be known Thursday evening . So far this year, producer prices have accumulated an increase of 2.19%, compared to a decrease of 1.77% in the same period last year . Over the past 12 months, the cumulative change in the index was 7.43%.
Source link
