Colombia food prices rise 3% in early September; CPI decelerates to 1.7%

LCG reports a 3% increase in food prices during the second week of September, while August CPI fell to 1.7%, below the 2% threshold, indicating continued disinflation. The food price spike may signal near-term inflationary pressure, but the overall trend remains decelerating. This matters for monetary policy expectations in Colombia.