Colombia Inflation Hits 23-Month High
2026-07-07 23:20
By
Joshua Ferrer
1 min. read
Colombia’s annual inflation rate jumped to 6.14% in June 2026 from 5.84% in May, exceeding market forecasts of 6.09% and marking the highest reading since July 2024.
The acceleration was driven by faster price increases in food and non-alcoholic beverages (6.83% vs 6.04% in May), alcoholic beverages and tobacco (7.02% vs 6.78%), and clothing and footwear (2.98% vs 2.70%).
Costs also rose for housing and utilities (5.02% vs 4.50%), furniture and household maintenance (6.22% vs 6.16%), health (8.39% vs 8.35%), recreation and culture (3.92% vs 3.84%), and miscellaneous goods and services (6.12% vs 6.05%).
Meanwhile, inflation eased for transport (5.47% vs 5.67%), information and communication (5.16% vs 5.30%), education (7.57% vs 7.58%), and restaurants and hotels (9.59% vs 9.62%).
On a monthly basis, consumer prices rose 0.39% in June, slowing from a 0.47% increase in May and marking the softest monthly gain in six months.