{"id":2565,"date":"2022-09-13T00:00:00","date_gmt":"2022-09-13T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/inflation-in-colombia-does-not-fall-below-two-digits-it-stands-at-10-84\/"},"modified":"2022-09-13T00:00:00","modified_gmt":"2022-09-13T00:00:00","slug":"inflation-in-colombia-does-not-fall-below-two-digits-it-stands-at-10-84","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/inflation-in-colombia-does-not-fall-below-two-digits-it-stands-at-10-84\/","title":{"rendered":"Inflation in Colombia does not fall below two digits, it stands at 10.84%"},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The Dane ( statistics Colombian body) announced, that the annual variation of inflation in August was 10.84%, while for the reference month it was 1.02%. For its part, the variation for the year to date (January &#8211; August) was 9.06%. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">According to the report, the annual variation of the CPI (10.84%) was 6.40 percentage points higher than that reported in the same period of the previous year, when it was 4.44%. In addition, the figure also exceeded the annual variation to July, when the CPI stood at 10.21%. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\"><strong>Usury rate does not stop rising<\/strong><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">In the last year, the Banco de la Rep&uacute;blica has raised the monetary policy rate by 7.25 percentage points (725 basis points) while in the same period of time the usury rate has risen 9.46 percentage points (946 basis points). ). <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The financial institution certified that the annual effective Current Bank Interest for the microcredit modality is 39.47%, which represents an increase of 150 basic points (1.50 percentage points) in relation to the previous certification (37.97%). <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">For the consumer and ordinary credit modality, it stands at 31.92% annual effective, a result that represents an increase of 132 basic points (1.32 percentage points) with respect to the previous period. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\">For the microcredit modality, it is <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\"><strong>59.21%<\/strong><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:x-large\"> effective annually, an increase of 225 basic points (2.25 percentage points) compared to the previous period. <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The usury indicator rises in line, in general, with the rate increases of the Banco de la Rep&uacute;blica and the financial entities bring their credit products close to that limit to compensate for the greater risk of non-payment<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Current Bank Interest for the microcredit modality is 59.21%,<\/p>\n","protected":false},"author":1,"featured_media":2566,"menu_order":402,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[751,752],"class_list":{"0":"post-2565","1":"gambling","2":"type-gambling","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-colombina-gambling-news","8":"tag-columbia-casino-news","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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