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.

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.

Colombia’s annual inflation rate rose to 5.29% in February 2026 from 5.35% in January and less than the expected 5.49%. The increase followed a brief moderation in inflation, with price growth remaining well above the central bank’s 3% target. Inflation accelerated notably in food and non-alcoholic beverages (5.84% vs. 5.11% in January), furnishings (4.73% vs. 4.12%), and healthcare (7.82% vs. 7.38%). In contrast, price pressures eased in housing (3.85% vs. 4.59%), clothing (2.61% vs. 2.45%), recreation and culture (1.68% vs. 2.54%), and transport (5.27% vs. 5.79%). Inflation also picked up in information and communication, restaurants and hotels, and miscellaneous goods and services, while education inflation was unchanged at 7.44%. On a monthly basis, consumer prices rose 1.08% in February, sharply accelerating from a 1.18% increase in January.