Colombia Inflation Eases Below Forecasts
2026-08-10 23:05
By
Chusnul Chotimah
1 min. read
Colombia’s annual inflation rate slowed slightly to 6.03% in July 2026 from June’s near two-year high of 6.14%, below market forecasts of 6.2%.
The deceleration was driven by softer increases in food and non-alcoholic beverages (5.82% vs 6.83% in June), transport (5.21% vs 5.47%), health (8.37% vs 8.39%), recreation and culture (3.74% vs 3.92%), miscellaneous goods and services (5.97% vs 6.12%), information and communication (4.97% vs 5.16%), and restaurants and hotels (9.53% vs 9.59%), while education inflation remained steady at 7.57%.
Meanwhile, inflation accelerated for housing and utilities (5.40% vs 5.02%), furniture and household maintenance (6.30% vs 6.22%), alcoholic beverages and tobacco (7.14% vs 7.02%), and clothing and footwear (3.38% vs 2.98%).
On a monthly basis, consumer prices rose 0.17% in July, following a 0.39% increase in June, below market expectations of 0.35% and marking the softest increase since November 2025.