{
  "id": 6193135,
  "title": "Colombia 12-month inflation edges up more than expected in August",
  "url": "https://urgent.news/2026/09/07/colombia-12-month-inflation-edges-up-more-than-expected-in-august",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T23:30:29.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/colombia-12month-inflation-edges-up-more-than-expected-in-august-4890747"
  },
  "original_language": "en",
  "account": "Bogotá, September 7 - Colombia's consumer prices increased 0.39% in August, according to the country's DANE statistics agency, raising annual price growth to 6.24%, the source reported. This figure exceeded the 0.26% median forecast of analysts surveyed by Reuters and was higher than the 0.17% inflation rate recorded in July. Annual inflation rose from 6.03% in July and came in just above the 6.10% forecast by analysts. Despite this, inflation remains significantly higher than the central bank's target of 3% plus or minus one percentage point.\n\nThe monthly price increases were mainly driven by sectors such as recreation and culture, information and communication, and food and non-alcoholic beverages. However, clothing and footwear prices experienced a slight decline, while education and transport showed the lowest increases. Colombia, the fourth-largest economy in Latin America, is grappling with deteriorating fiscal accounts due to declining revenues and rising spending. The new right-wing administration of President Abelardo De La Espriella, who assumed office last month, is attempting to form a governing coalition from a fragmented right-wing group to secure a majority in Congress. Currently, the leftist Historic Pact bloc dominates with the highest number of seats.",
  "summary": null,
  "key_points": [
    "Colombia's 12-month inflation rose 0.39% in August.",
    "Annual price growth reached 6.24%, exceeding expectations.",
    "Inflation remains high, at 6.24%, above central bank target."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "UK retail sales growth slows to 4-month low in August, BRC says",
        "url": "https://urgent.news/2026/09/07/uk-retail-sales-growth-slows-to-4-month-low-in-august-brc-says",
        "published": "2026-09-07T23:06:30.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "China’s exports expand faster in August, underpin economic growth",
        "url": "https://urgent.news/2026/09/08/chinas-exports-expand-faster-in-august-underpin-economic-growth",
        "published": "2026-09-08T03:51:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}