Prices continue to rise in Colombia, and inflation reflects this. In September, the indicator would have reached a new record, averaging 11.24% annually, according to a Citi survey of several market analysts.
For context, it should not be forgotten that August inflation was 10.84% annualized, a figure not seen since 1999.
However, exceeding 11% in September would break a new historical high, also 22 years ago, not . . .