After the publication of the inflation figure for March, the Minister of Finance, José Antonio Ocampo, He said through his Twitter account: “It is time for businessmen to help moderate the inflation of industrial products and services”.
(Read: Colombia’s request to Latin America to mitigate inflation).
This position was also joined by President Gustavo Petro, who announced an agreement with the entrepreneurs to design and implement measures for the reduction of food prices.
“That’s right, extraordinary situations such as increases in inflation require everyone’s efforts. We have agreed to work together to find solutions. There are macro issues and micro issues that are affecting prices and the economy, they must be solvedsaid Bruce MacMaster, president of Andi.
(Also: The Colombian peso, the world’s fourth-strongest currency in March.)
While Jorge Bedoya, president of the Colombian Farmers Society (SAC), reiterated that the raison d’être of food producers is consumersand said: “from the SAC we are ready to work together in the design of measures on the factors that affect the costs of producing food in Colombia and that affect inflation.”
It is worth remembering that entrepreneurs have also been facing significant increases in their costs. Although the price index to the producer IPP for March registered a negative monthly variation of 0.84%, and the indicator was located at 7.36% in its annual data, throughout 2022 there were increases of 30% in at least seven months.