Consumer and
producer price indices

In March of 2000, the consumer price index (CPI) showed an annual variation of 9.7%. The price of transportation, which increased 19.2%, represented the most significant source for this variation. The annual behavior of several other sectors, ordered according to how much they contributed to the total index was: foodstuffs 8.5%, housing 5.9%, others 19.5%, health 12.9%, education 9.6%, leisure 3.4%, clothing 2.5%. On the other hand, the annual variation of the producer price index (PPI) was 13.7%, where the 12.6% increase in the prices of produced and consumed goods in the country explains 70.8% of the PPI’s is total variation, and the rest, 29.2%, is the contribution of imported goods which exhibited and annual variation of 18.7%. The annual variations grouped by economic activity were: agriculture 18.4%, mining 32.6%, and industry 12.1%. By economic use and allocation, the major variation in prices was in capital goods 16.7%, followed by final goods 14.0%, raw materials 13.1%, and construction materials 11.1%.

CONSUMER AND PRODUCER PRICES INDEX %

*: Annual Variation up to March.
Source: CPI. National Administrative Department of Statistics (DANE),   PPI. Banco de la República - Economic Studies.