Bloomberg Colombian inflation accelerated to its fastest pace since July 2000 last month, as the central bank signals it will continue to raise borrowing costs to rein in soaring prices. The annual inflation rate rises to 9.2% in April, the national statistics agency said, surprising all 24 analysts surveyed by Bloomberg who had a median forecast of 8.8%. The pace ...

  Bloomberg Canada’s economy recorded a surge in trade with the rest of the world in March, as rising prices for commodities coupled with strong domestic demand and a smoother global supply chain drove both the imports and exports. Imports jumped 7.7% in March to C$61.1 billion ($47.7 billion), while exports were up 6.3% to C$63.6 billion, Statistics Canada reported. ...

  Bloomberg Growth at US service providers eased in April while cost pressures worsened, highlighting how decades-high inflation and an ongoing struggle to hire and retain workers is weighing on the sector. The Institute for Supply Management’s gauge of services decreased to 57.1 last month from 58.3 in March, according to data. Readings above 50 signal expansion. The median estimate ...