The annual inflation rate in Colombia rose to 6.24% in August 2026 from 6.03% in July, exceeding market expectations for a 6.1% gain. The latest reading also marked the fastest increase since July 2024, pushing inflation further above the central bank’s 3% target, driven by stronger price growth for furniture and household maintenance (6.67% vs 6.30% in July), housing and utilities (5.74% vs 5.40%), information and communication (5.97% vs 4.97%), recreation and culture (4.98% vs 3.74%), and miscellaneous goods and services (6.05% vs 5.97%). Inflation also picked up for transport (5.25% vs 5.21%). Meanwhile, price growth eased for food and non-alcoholic beverages (6.10% vs 5.82%), alcoholic beverages and tobacco (6.94% vs 7.14%), clothing and footwear (3.26% vs 3.38%), health (8.30% vs 8.37%), education (7.45% vs 7.57%), and restaurants and hotels (9.36% vs 9.53%). On a monthly basis, consumer prices grew by 0.39% in August, topping forecasts for a 0.26% rise and July’s 0.17% gain. source: Dane, Colombia
Inflation Rate in Colombia increased to 6.24 percent in August from 6.03 percent in July of 2026. Inflation Rate in Colombia averaged 13.37 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 September of 2026.
Inflation Rate in Colombia increased to 6.24 percent in August from 6.03 percent in July of 2026. Inflation Rate in Colombia is expected to be 5.80 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 4.00 percent in 2027 and 3.00 percent in 2028, according to our econometric models.