Inflation Report June 2018

Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

During the second quarter of 2018, inflation and inflation expectations, as well as several of the core inflation indicators, tended to stabilize and stood close to the 3.0% target. In that period, the economy´s growth would have been low, although improving, with a spare capacity that would have widened vis-á-vis 2017.
Box 1. A Historical Decomposition of the Consumer Confidence Index in Colombia. Authors: Camilo Cárdenas Hurtado, María Alejandra Hernández Montes
Box 2. Soccer and Inflation. Authors: Edgar Caicedo García, Andrea Salazar Díaz
Box 3. The CPI for Upper Income School Tuition and Admission Fees: Biases and an Alternative Calculation. Authors: Carlos A. Huertas, Isleny J. Carranza

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