Colombian PPI Rebounds to 1-Year High in March

Colombia’s National Production Price Index rose 4.22% year-on-year in March 2026, rebounding from a 0.30% deflation in February. Mining was the only sector above the average at 10.83% while agriculture livestock and fishing rose 4.05% and industry advanced 2.87% both below the overall 4.22% average. Among the main contributors were raw semi-processed or powdered gold including platinum-gold up 51.40% crude petroleum and bituminous mineral oils up 10.47% and citrus fruits up 61.80%. The main deflations were coffee, down 27.77%, hulled or green coffee, down 12.05%, and ethyl alcohol and other alcohols including denatured, down 26.84%. On a monthly basis, the PPI was 3.94% higher.

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.