Colombia PPI Remains in Deflation in January

Colombia’s producer prices fell 1.98% year-on-year in January 2026, following 2.63% deflation in the previous month. Mining and quarrying was the only sector below the average, with prices down 21.26%. Manufacturing prices rose 0.87%, while agriculture, livestock and fishing increased 2.90%, both above the overall average. On a month-over-month basis, the PPI rose 1.51%.

Producer price inflation in Colombia accelerated to 2.20% in July 2025, from 2.09% in June, slightly rebounding from the softest pace of inflation since October last year. Deflation intensified in the mining and quarrying sector (–10.28% vs. –9.44%), while inflation accelerated in agriculture, livestock, forestry, hunting and fishing (7.35% vs. 3.73%) and moderated in the industrial sector (3.57% vs. 4.35%). On a monthly basis, producer prices increased by 0.25% in July, reversing a 0.28% decline in June.

Producer price inflation in Colombia eased to 2.09% in June 2025, from 3.67% in the previous month, recording the softest pace of inflation since October last year. Deflation slowed in the mining and quarrying sector (-9.44% vs. -9.93% in May), and inflation eased in agriculture, livestock, forestry, hunting and fishing (3.73% vs. 7.97%), as well as in industrial sector prices (4.35% vs. 5.48%). On a monthly basis, producer prices fell by 0.28%, slowing the 1.15% drop in May.