Make a selection from the total of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
Order our publications chronologically from the most recent to the oldest, regardless of geography and/or topic matter.
Order our publications according to the number of readings by our users, regardless of geography and/or topic matter.
January 27, 2023
At its January meeting, the Central Bank increased the monetary policy rate by 75 bp, bringing it to 12.75%. The vote was split, with 2 members voting in favor of a 25 bp increase and 5 in favor of 75 bp.
In December, monthly inflation rose to 1.26% and annual inflation reached 13.12%, accelerating by 59 bps from the previous month's figure and again exceeding market analysts' expectations of 12.64% (according to Banco de la República's survey of analysts' expectations).
At its December meeting, Banco de la República increased the monetary policy rate by 100 basis points, bringing it to 12.0%. Although the vote was mostly for a 100bp increase, there was one vote for a 125bp increase and another for a 25bp incr…
Monthly inflation in November rose to 0.77% and annual inflation to 12.53%, up 31 bps from October's annual figure. The results were again above the median of market analysts' expectations of 12.27% and what we expected at BBVA Research (12.42%…
Monthly inflation in October was 0.72% and annual inflation was 12.22%, close to market analysts' expectations of 0.62%, according to Banco de la República's survey, and BBVA Research's of 0.64%. The data increased 78 bps from September's annu…
In August, monthly inflation was 1.02% and annual inflation 10.84%, above the average expectation of market analysts (0.54% in monthly variation according to the monthly survey of Banco de la República) and even above their maximum forecast of 0.79%.
In July, inflation reached a double-digit annual variation of 10.21% and a monthly variation of 0.81%, above analysts' expectations (average monthly variation of 0.53% according to Banco de la República's survey) and BBVA Research.
En su reunión de julio, el Banco de la República incrementó la tasa de política monetaria en 150 puntos básicos (pb), llevándola al 9,0%. La decisión fue dividida,con un voto a favor de un incremento de 100 pb.
In June, monthly inflation was 0.51% and 9.67% year-on-year, in line with market analysts' and BBVA Research's expectations. Core inflation (excluding food) stood at 6.84% in annual change, accelerating 34 bps from the previous month's result.
In May, monthly inflation was 0.84% and annual inflation was 9.07%, close to the expectations of market analysts and BBVA Research (0.80% monthly change).
Inflation in April was 1.25% on a monthly basis and 9.23% on an annual basis, making it the highest in the last two decades. Market analysts were surprised by the result, which was not only above the estimated average, but also above the maximum of the range of expectations recorded in the BanRep survey.
March monthly inflation was 1.0%, more than double its historical average (0.41% average between 2011-2019) and annual inflation was 8.53%, placing it above analysts' expectations (0.90% monthly according to the BanRep survey) and BBVA Research's projection (0.84%).
