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The consumer price index in Colombia rose 3.37% in February from a year before, losing strength from the previous month, when the index increased 3.68%, according to the country's statistics office (Dane).
It was the slowest annual inflation rate since October 2014, when the consumer price index rose 3.29%.
On a monthly comparison, the Colombian consumer price index increased 0.71% in February. In January, the index grew 0.63%. So far in 2018, the inflation rate in Colombia is up 1.34%.
The consumer price index excluding food prices rose 4.4% in February from a year before and increased 0.93% compared to January.
The annual inflation target in Colombia ranges from 2% to 4%.
The next monetary policy meeting at the Colombian central bank is scheduled for March 20.
