Petro attributes the inflation rebound to energy costs in Bogotá and mobile phone rates

Portafolio Journalist 04/10/2026 20:45 Updated: 04/10/2026 20:45

Petro attributes the inflation rebound to energy costs in Bogotá and mobile phone rates

TL;DR

  • President Petro analyzed March inflation, which rose to 0.78% from February.
  • He identified increased electricity generation costs in Bogotá (9%) and mobile phone usage costs (3%) as primary drivers.
  • Petro questioned these increases, noting low national energy generation costs and suggesting telecom price hikes might be due to mergers (Tigo/Movistar).
  • He invited Enel to explain the electricity cost rise and demanded explanations from Claro and the Movistar/Tigo merger.
  • Petro urged relevant superintendencies to initiate investigations.
  • He refuted claims that inflation was caused by vital salaries or increased societal demand.