Colombia Inflation Hits 13-Month High

2025-11-10 23:42 By Jam Kaimo Samonte 1 min. read

Colombia’s annual inflation rate climbed to 5.51% in October 2025 from 5.18% in September, marking the highest level in 13 months and reinforcing the central bank’s decision to keep interest rates unchanged.

Inflation remained well above the central bank's 3% target, putting the country on course to miss its goal for a fifth consecutive year.

Price gains were driven mainly by culture & leisure and health categories.

The central bank held its policy rate at 9.25% in October, maintaining that level all year except for one cut in April, as officials weighed persistent inflation risks against resilient economic data.

Some policymakers even suggested rate hikes could be warranted if inflation pressures intensify.

Month-over-month, consumer prices increased 0.18%, easing from a 0.32% rise in September but exceeding forecasts of 0.13%.



News Stream
Colombia Inflation Highest in 21-Months
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.
2026-06-07
Colombia Inflation Rate Rises in April
Colombia’s annual inflation rate accelerated to 5.68% in April 2026 from 5.56% in the previous month, above market expectations of 5.63% and marking the highest reading since September 2024. Over the past 12 months, the largest price increases were recorded in restaurants and hotels (9.61%), health (8.21%), education (7.58%), alcoholic beverages and tobacco (6.91%), food and non-alcoholic beverages (6.71%), miscellaneous goods and services (6.11%), and furniture and household maintenance (5.79%). Meanwhile, inflation remained below the national average for transport (4.95%), information and communication (4.88%), housing and utilities (4.11%), clothing and footwear (2.67%), and recreation and culture (2.52%). On a monthly basis, consumer prices rose 0.78% in April, matching the pace recorded in March.
2026-05-09
Colombia Inflation Rate Highest in 18 Months
Colombia’s annual inflation rate rose to 5.56% in March 2026 from 5.29% in the previous month, topping market forecasts of 5.47% and marking the highest reading since September 2024. The latest result stayed outside the central bank’s 3% target, as upward price pressures came from all components, including food and non-alcoholic beverages (6.27% vs 5.84% in February), housing (4.15% vs 3.85%), furnishings (5.23% vs 4.73%), healthcare (7.87% vs 7.82%), education (7.54% vs 7.44%), transport (4.61% vs 5.27%), clothing (2.61% vs. 2.61%), and recreation and culture (2.38% vs 1.68%). On a monthly basis, consumer prices increased 0.78%, slowing from a 1.08% rise in February and pointing to the softest level so far this year.
2026-04-09