Inflation is one of the macroeconomic variables that has always attracted great interest from the population. According to the Banco de la República, maintain a low and stable inflation improves social welfare, promotes efficient use of productive resources, reduce uncertainty, encourage investment and prevent arbitrary redistributions of income and wealth, especially against the poorer population.
Therefore, it is important to regularly monitor the inflationary phenomenon. "Panel of Economic Control: National Inflation" and "Panel of Economic Control: Cali Inflation" are periodicals reports carried out by the Centre for Research in Economics and Finance (Cienfi) to provide graphical information about the inflationary outlook of the country and Santiago de Cali, Valle del Cauca’s capital city.
This report is intended to provide accurate information about the behavior of inflation in Colombia and Cali by analyzing price trends and identifying factors that encourage this phenomenon.