Inflation Report - December 2018
La Constitución Política de Colombia y el artículo 14 de la Ley 31 de 1992 asignan al Banco de la República la función de administrar las reservas internacionales. Las opiniones y posibles errores son responsabilidad exclusiva del autor y sus contenidos no comprometen al Banco de la República ni a su Junta Directiva.
In December 2018, inflation and all core inflation indicators fell close to the 3.0% target. Inflation expectations to one and more years are around 3.5%. The new economic activity figures for the last quarter of 2018 suggest that economic growth is still recovering from levels of output lower than the country's natural output level. The current monetary policy stance is slightly expansionary.
Boxes
Franky Galeano Ramírez, Carlos Daniel Rojas, Edward Gómez Beltrán
Edgar Caicedo G., Edward G. Gómez, Ramón Hernández
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