Colombia Consumer Price Index (MoM) in line with expectations (1.18%) in January

💡 DMK Insight

Colombia’s CPI holding steady at 1.18% is a key indicator for traders watching inflation trends. With inflation expectations anchored, this could influence the Colombian peso’s stability against major currencies. Traders should consider how this data aligns with global inflation narratives, especially as central banks adjust their monetary policies. If the peso remains resilient, it might attract more foreign investment, impacting forex positions. However, keep an eye on potential volatility if upcoming economic data diverges from these expectations. Watch for any shifts in sentiment around the peso, particularly if inflation trends change in the coming months, which could affect trading strategies focused on emerging markets.