Colombia Producer Inflation Eases in July

Colombia's Producer Price Index rose 1.51% year-on-year in July 2026, slowing from 3.30% in June and marking the weakest annual increase since February. Among the main sectors, agriculture, livestock, and fishing recorded the strongest annual gain at 8.69%, while manufacturing prices rose 0.44%. In contrast, mining prices fell 4.77%. The largest positive contributions to annual producer inflation came from pome and stone fruits (29.73%), citrus fruits (76.62%), and potatoes (93.51%). Meanwhile, the biggest downward contributions came from crude petroleum and oils obtained from bituminous minerals (-7.65%), milled or green coffee (-20.17%), and coffee (-12.97%).

Colombia's Producer Price Index rose 3.3% year-on-year in June 2026, easing sharply from a 6.8% increase in May and marking the slowest annual producer inflation since February. Prices of goods produced for domestic consumption increased 4.99% from a year earlier, while export prices fell 1.86%. Among the main sectors, agriculture, livestock, and fishing recorded the strongest annual increase, rising 8.46%, while mining and manufacturing prices advanced 1.95% and 1.94%, respectively. The largest upward contributions came from pome and stone fruits (23.88%), raw, semi-manufactured or powdered gold (18.22%), and citrus fruits (78.03%). In contrast, coffee (-30.73%), green coffee (-21.97%), and ethyl alcohol and other denatured alcohols (-27.75%) were the main drags on the index. On a monthly basis, producer prices fell 3.49% in June.

Producer prices in Colombia rose 6.8% year-on-year in May 2026, the biggest increase since January 2025, following a 4.5% rise in April. Mining recorded again the biggest price increase (28.2% vs 16.6% in April) while industry prices went up 3.7% (vs 2.3%) and cost for agriculture, livestock and fishing slowed (3.2% vs 3.5%). On a monthly basis, producer prices increased 0.8%.