This is what Colombian households spend for every 100 pesos they have in their pockets.

Inflation in Colombia stood at 7.16% in April in its annual variation. That is, a drop of 5.66 percentage points compared to the record for the same period in 2023, when it was 12.82%.

(Read more: ‘The collection goal will not be met and that is why we adjust spending’: Minhacienda)

The result shows that the cost of living in the country continues to decline. However, it does not do so with the same intensity for the entire population.

Precisely, to better understand the impact of this economic phenomenon, the firm Raddar carried out a study that explores how inflation is impacting spending behavior in the national territory.

As part of this analysis, the research identified which are the areas in which Colombians invest the most. For it, An expenditure distribution was made taking $100 per household as a reference.

In that sense, the report showed that of every $100 pesos spent, $31.2 is spent on food; $24 on housing; $15.4 in transportation; $7.7 on wellness, and $7.4 on meals away from home.

It was also possible to establish that of that amount about $5.8 pesos go to entertainment; $4.7 for education; $3 on fashion, $0.6 on appliances.

(Read more: Everyone agrees: why cutting spending is a good option in the face of the fiscal crisis?)

(See: Minhacienda announces cut of $20 billion from the General Budget)

The report also noted that during the month of April, low-income households bought fewer things due to increased prices on the products they buy most. In this case, the most affected item was food, which It is the segment with the highest participation in the basket of this population with 44%.

According to Raddar, factors such as the El Niño phenomenon and taxes on ultra-processed foods They could be putting pressure on inflation and, in turn, the pockets of low- and middle-income households.

In the case of high incomes, the study mentions that spending behavior has been transforming, considering that this sector may have felt greater pressure at the beginning of the year due to the increase in rates for public services and education.

(See: These are the first measures with which Minhacienda faces its cash crisis)

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