The annual inflation rate in Colombia rose to 4.51 percent in September of 2021 from 4.44 percent a month earlier. This was the highest reading since April of 2017, boosted by further rises in cost of food and non-alcoholic beverages (12.40 percent vs 11.50 percent in August), housing and utilities (3.35 percent vs 3.47 percent), transportation (4.81 percent vs 5.06 percent), restaurants and hotels (7.22 percent vs 6.93 percent), and furniture (3.46 percent vs 3.26 percent). On a monthly basis, consumer prices went up by 0.38 percent in September, after a 0.45 percent gain in August. source: Dane, Colombia
Inflation Rate in Colombia averaged 13.78 percent from 1955 until 2021, reaching an all time high of 41.65 percent in June of 1977 and a record low of -0.87 percent in July of 1955. This page provides - Colombia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Inflation Rate in Colombia is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.