Consumer and
producer price indices
The annual inflation rate in June
1999, calculated by the Consumer Price Index (CPI) stood at 9.0%, 11.7 percentage points
lower than in 1998. The sectors that registered an annual variation lower than the average
were food 0.3% and clothes 5.3%; the rest (housing 11.4%, health 19.0%, education 12.9%,
transport 16.8% and others 13.0%), exhibited annual variations higher than the average. On
the other hand, the annual variation of the Producer Price Index (PPI) stood at 6.1%.
Prices of imported goods increased 11.4%, while those for domestic goods increased 5.4%.
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* |
8.97 |
6,06 |
|
* Annual variation
in June
Source : CPI National Administrative Department of Statistics (DANE).
PPI Banco de la República - Economic Studies. |
