Inflation Colombia 1971
Average inflation: 12.0%
Current Inflation
Inflation is very high at 12.0%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 17.6%. The lowest inflation was in April at 5.9%.
- Highest month
- November: 17.6%
- Lowest month
- April: 5.9%
- Difference
- 11.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 12.0%. This approaches the highest level since records began (12.0% in 1971).
- 5-year average
- 12%
- 10-year average
- 12%
- All-time high (1971)
- 12%
- All-time low (1971)
- 12%
Trend
ECB Target
Inflation is 10.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €112.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1971
Month overview
| Month | Inflation |
|---|---|
| January | 12.5% |
| February | 12.5% |
| March | 12.5% |
| April | 5.9% |
| May | 5.9% |
| June | 11.8% |
| July | 11.8% |
| August | 11.8% |
| September | 11.8% |
| October | 11.8% |
| November | 17.6% |
| December | 17.6% |
| Average | 12.0% |
Data source
Data from OECD. Last updated: 24/11/2025.