Nutresa 1Q2018 Results

stocks and shares

During the last quarter, Grupo Nutresa was proud to inaugurate the solar roof at its Rionegro plant. This will produce 15% of the energy needed for its operations. The company also met its 2020 greenhouse gas reduction goal ahead of schedule.

The plants also show a significant reduction in water consumption per ton produced, in addition to the development of new carbon-neutral subsidiaries in Costa Rica. Environmental sustainability is a priority for the company, both nationally and internationally.

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March Inflation Expectations

According to the report presented by the National Administrative Department of Statistics (DANE), the year-on-year variation of the Consumer Price Index (CPI) rose to 5.35% in January, from 5.10% in December. This figure is lower than the market estimate (5.40%) and the estimate by Economic Research of Stocks and Securities (5.45%). The monthly inflation figure was 1.18%. This monthly variation was higher than that of December (0,27%).