Consumer and
producer price indices
In March 1999, the annual variation
of the Consumer Price Index (CPI) was 13.5%, 5.7 percentage points lower than in 1998.
This decline is explained by the decrease in goods and services prices, primarily in food
(11.7% in 1999, 23.1% in 1998), housing (14.0% in 1999, 17.2% in 1998) and transport
(14,2% in 1999, 21.6% in 1998). On the other hand, the annual variation of the Producer
Price Index (PPI) stood at 9.4%, 9.2 percentage points lower than that presented in the
same period in 1998. It is outstand the reductions in agricultural prices (2.5% in 1999,
23.2% in 1998) and mining prices (-6.2% in 1999, 8.7% in 1998).
CONSUMER AND
PRODUCER PRICES INDEX %
|
PRICE
INCREASES
Annual variation %
END OF PERIOD |
CPI |
PPI |
END OF PERIOD |
CPI |
PPI |
1982 |
24.03 |
24.59 |
1991 |
26.82 |
23.06 |
1983 |
16.64 |
17.96 |
1992 |
25.14 |
17.88 |
1984 |
18.28 |
21.19 |
1993 |
22.61 |
13.19 |
1985 |
22.45 |
22.98 |
1994 |
22.60 |
20.73 |
1986 |
20.95 |
24.38 |
1995 |
19.47 |
15.43 |
1987 |
24.02 |
25.17 |
1996 |
21.64 |
14.54 |
1988 |
28.12 |
29.52 |
1997 |
17.68 |
17.49 |
1989 |
26.12 |
25.62 |
1998 |
16.70 |
13.50 |
1990 |
32.37 |
29.90 |
1999* |
13.51 |
9.44 |
|
* Annual variation
in March
Source : CPI National Administrative Department of Statistics (DANE).
PPI Banco de la República - Economic Studies. |
