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Consumer and
producer price indices

In June 2001 the Consumer Price Index (CPI) showed a variation during the year of 6.2% and annual of 7.9%, 0.8 and 1.8 percentage points lower, respectively, than the one showed in the same period of 2000. The 80.1% of the CPI's annual growth rate is explained as follows: food (8.5%), transportation (12.9%), housing (3.8%), and other expenditures (9.7%). On the other hand the Producer Price Index, (PPI), presented an annual increase of 10.1%, 5.5 percentage points lower than the one observed the year before. This growth is mainly explained by the manufacturing sector (10.0%), which was 76.6% of the PPI's total variation. The prices of agricultural goods grew by 9.8% in the year and mining prices grew by 17.3%. By economic use and allocation, the goods highest price increases were in construction materials 12.0%, raw materials (11.6%), final goods 9.0% and capital goods 6.5%. By origin, domestic goods grew by 10.9%, while imported goods by 7.6%.

CONSUMER AND PRODUCER PRICES INDEX %


PRICE INCREMENT
Annual variation %
END OF PERIOD CPI PPI END OF PERIOD CPI PPI
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
1993 22,61 13,19    2001 * 7,92 10,10

*: Up to June.

Source: CPI. National Administrative Department of Statistics (DANE).
               PPI. Banco de la República - Economic Studies.


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