Consumer and
producer price indices
The consumer inflation of 2000,
showed as the December annual variation of the Consumer Price Index (CPI) was 8.75%,
registering two consecutive years with a one-digit inflation rate. The annual growth rate
of the year 2000 was 0.5 percentage points lower than the one registered in 1999. The
82.4% of the CPI behavior was due to the variation rates of transportation, food, housing
and other expenditures (16.24%), (7.41%), (4.90%) and (15.21%) respectively. The remaining
17.6% corresponds to education (9.45%), health (10.29%), entertainment (11.72%) and
clothing (3.58%). The producer inflation showed as the Producer Price Index (PPI) annual
variation stood at 11.04% in 2000. By economic activity the main contribution in the
annual price increase was due to industry (83.7%) which registered a 11.94% annual price
increase followed by agricultural and mining, which increased by 6.01% and 27.31%
respectively. By origin, imported goods annual variation prices was 12.47% while national
goods are 10.58%. By economic use and allocation, the goods highest price increases were
in construction materials 12.88%, intermediate goods 10.94%, final goods 10.84%, and
capital goods 10.83%.
CONSUMER AND
PRODUCER PRICES INDEX %
|
PRICE INCREASES
Annual variation %
| END OF PERIOD |
CPI |
PPI |
END OF PERIOD |
CPI |
PPI |
| 1985 |
22,45 |
22,98 |
1993 |
22,61 |
13,19 |
| 1986 |
20,95 |
24,38 |
1994 |
22,60 |
20,73 |
| 1987 |
24,02 |
25,17 |
1995 |
19,47 |
15,43 |
| 1988 |
28,12 |
29,52 |
1996 |
21,64 |
14,54 |
| 1989 |
26,12 |
25,62 |
1997 |
17,68 |
17,49 |
| 1990 |
32,37 |
29,90 |
1998 |
16,70 |
13,50 |
| 1991 |
26,82 |
23,06 |
1999 |
9,23 |
12,71 |
| 1992 |
25,14 |
17,88 |
2000 |
8,75 |
11,04 |
|
Source: CPI.
National Administrative Department of Statistics (DANE).
PPI. Banco de la República - Economic Studies. |
