LatinNews Daily - 07 August 2020

In brief: Colombia’s inflation drops below target range

* Colombia’s national statistics institute (Dane) has released figures which show that the country saw zero monthly inflation in July; this brings annual inflation to 1.97%, the lowest level recorded since July 2013, falling below the central bank’s (Banrep) 2%-4% target range. Dane noted that the sectors in which prices increased the most in July (both by 0.56%) were healthcare spending and restaurants and hotels.