Colombia’s annual inflation rate accelerated to 5.84% in May 2026 from 5.68% in April, marking the highest reading since August 2024. The largest price increases were recorded in restaurants and hotels (9.62% vs 9.61% in April), health (8.35% vs 8.21%), education (7.58%, unchanged from April), and furniture and household maintenance (6.16% vs 5.79%). Costs also increased for transport (5.67% vs 4.95%), information and communication (5.30% vs 4.88%), housing and utilities (4.50% vs 4.11%), recreation and culture (3.84% vs 2.52%), and clothing and footwear (2.70% vs 2.67%). Meanwhile, inflation softened for food and non-alcoholic beverages (6.04% vs 6.71%), alcoholic beverages and tobacco (6.78% vs 6.91%), and miscellaneous goods and services (6.05% vs 6.11%). On a monthly basis, consumer prices rose by 0.47% in May, the softest rise in five months and slowing from a 0.78% gain in the preceding period. source: Dane, Colombia
Inflation Rate in Colombia increased to 5.84 percent in May from 5.68 percent in April of 2026. Inflation Rate in Colombia averaged 13.40 percent from 1955 until 2026, reaching an all time high of 41.65 percent in June of 1977 and a record low of -0.87 percent in July of 1955. This page provides - Colombia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Inflation Rate in Colombia increased to 5.84 percent in May from 5.68 percent in April of 2026. Inflation Rate in Colombia is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Inflation Rate is projected to trend around 4.80 percent in 2027 and 4.00 percent in 2028, according to our econometric models.