Inflation Report - March 2018

In the first quarter of 2018, inflation and core inflation fell more than projected and accelerated their convergence to the 3.0% target. In March 2018, the annual variation of the CPI and the average of core inflation indicators stood at 3.14% and 3.64%, respectively. These figures were close to 1 pp lower than the records of last December

Boxes

• Box 1 - A New Exercise Disaggregating Real Exports

Miguel Arquez Abdala, José Franco Sepúlveda, Camilo Cárdenas Hurtado

• Box 2 - The Recent Drop in Food Prices

Edgar Caicedo García , Isleny J. Carranza Amórtegui

• Box 3 - GDP of the Construction Sector in 2017: some stylized facts and disparities

Daniel Parra, José Franco