BOGOTA, May 2 (Reuters) - The technical team of
Colombia's central bank on Tuesday raised its outlook for 2023
inflation amid persistent consumer price growth, which could
push the bank board to raise its benchmark interest rate beyond
market expectations.
The technical team revised its inflation forecast for this
year to 9.5%, from a previous estimate of 8.7%, adding it
expects Latin America's fourth-largest economy to post growth of
3% for the first-quarter, versus the year-earlier period.
(Reporting by Julia Symmes Cobb)
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