Inflation in Colombia

In recent months, inflation has presented a significant increase. Since February 2015has been above the upper limit of the range set by the Colombian Central Bank,fixed between 2 and 4 percent. As it is known, inflation is the continuous and sustainedincrease of the general price level,which is one...

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Bibliographic Details
Main Author: Vallejo Zamudio, Luis Eudoro
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2016
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/5234
Description
Summary:In recent months, inflation has presented a significant increase. Since February 2015has been above the upper limit of the range set by the Colombian Central Bank,fixed between 2 and 4 percent. As it is known, inflation is the continuous and sustainedincrease of the general price level,which is one of the objectives of economic policyin any country. Hence, the monetary authority will always use the tools necessary to achieve the target set in the macroeconomic projections.