BARRANQUILLA
Economy
Inflation
Inflation in Barranquilla has had a decreasing trend in the last twenty years, comparable to the national level. It has kept records in one digit in the last decade. In the years through 2010 and 2014, inflation in Barranquilla was within the objective medium- term range set by Banco de la Republica (2%- 4%). The exception was 2011 when the inflation digits were not within the expected results, with 4.58% percentage points.
Annual inflation in Barranquilla 1995 - 2014
Source: DANE. By: Fundesarrollo.
During 2013 inflation in the city was 0.4% below national inflation and had half of the 3% national objective, with 1.5%. This result appears to come from the negative percentage variation, which many of the spending groups had, particularly the food sector in regard to 2013. The health, entertainment and communications sectors were the exception.
Inflation in Barranquilla by expenditure groups 2013 - 2014
Group
2013
2014
Percentage Difference
Food
-0,17
5.17
5.34
Housing
2,45
3.58
1.13
Clothing
0,76
0,45
-0,31
Health
4.49
3.52
-0.97
Education
4,01
4,61
0.60
Entertainment
0,96
0,03
-0.93
Transportation
1,84
0.97
-0.87
Communication
2,62
2,54
-0.08
Other expenditures
1,09
1.54
0.45
Total
3,02
1,54
-1,48
Other sections of interest
Contact an investment advisor
Recommend to a friend
* Your name:
* Your email:
* Your frined's name:
* Your friend's email:
* Message:
* These fields are mandatory