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The annual inflation rate in Colombia slowed to 5.81% in September 2024, from 6.12% in the preceding month, compared to market expectations of 5.83%. It pointed to the lowest rate since December 2021 as prices continued to rise at a slower pace.
Inflation, consumer prices (annual %) - Colombia. International Monetary Fund, International Financial Statistics and data files.
Colombia inflation rate for 2022 was 10.18%, a 6.68% increase from 2021. Colombia inflation rate for 2021 was 3.50%, a 0.97% increase from 2020. Colombia inflation rate for 2020 was 2.53%, a 1% decline from 2019. Download Historical Data.
Compare Core Inflation Rate by Country. Core consumer prices in Colombia increased 6.26 percent in August of 2024 over the same month in the previous year. This page provides - Colombia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Core inflation measures; Per calendar year (Information available since January 1999) For a given date range (Information available since January 1999)
Consumer price inflation averaged 4.5% in the ten years to 2022 in Colombia, below the Latin America average of 8.4%. The 2022 average figure was 10.2%. For more inflation information, visit our dedicated page.
Inflation expectations for all terms exceeded the 3.0% target. In that month, every major group in the Consumer Price Index (CPI) registered higher-than-estimated increases, and the diffusion indicators continued to show generalized price hikes.