Consumer and
producer price indices

In 1999, the consumer price index (CPI) showed an annual variation of 9.2%, this represents 7.5 percentage points lower than the one observed in 1998, and 5.8 percentage points lower than the goal set by the Banco de la Republica Board of Directors. The annual behavior of several sectors was: food 7.5%, housing 5.8%, clothes 3.1%, health 15.1%, education 12.4%, culture and amusement 2.4%, transport and communication 18.7% and others 16.1%. On the other hand, the annual variation of the producer price index (PPI) stood at 12.7%, 0.8 percentage points lower than that observed in 1998. The economic activity annual variations were: agricultural 11.7%, mining 31.1% and industry 12.7%. By economic destination, the mayor prices variation were those destined to capital goods 15.8%, followed by construction goods 14.3% and final and intermediate consumption goods with the same 12.4% variation. By origin the prices of consumed and produced goods in the country, registered a 11.6% change in 1999, while imports registered a 16.1%.

CONSUMER AND PRODUCER PRICES INDEX %

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