Inflation Colombia 1988
Average inflation: 28.1%
Current Inflation
Inflation is very high at 28.1%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 30.5%. The lowest inflation was in January at 23.7%.
- Highest month
- June: 30.5%
- Lowest month
- January: 23.7%
- Difference
- 6.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.0% higher than the 5-year average of 22.1%.
- 5-year average
- 22.1%
- 10-year average
- 23.3%
- All-time high (1977)
- 33.8%
- All-time low (1971)
- 12%
Trend
Inflation shows an upward trend. Compared to 1987, inflation has risen by +4.8 percentage point.
- Change vs. previous year
- +4.8 percentage points
- Largest monthly swing
- April: +8.8 percentage points
ECB Target
Inflation is 26.1% 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 €128.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1988
Month overview
| Month | Inflation | Difference vs. 1987 |
|---|---|---|
| January | 23.7% | +2.4 |
| February | 26.2% | +6.4 |
| March | 26.4% | +6.2 |
| April | 28.4% | +8.8 |
| May | 28.4% | +5.7 |
| June | 30.5% | +5.8 |
| July | 30.3% | +3.7 |
| August | 29.5% | +4.0 |
| September | 28.9% | +3.8 |
| October | 28.4% | +3.6 |
| November | 27.6% | +2.8 |
| December | 28.3% | +4.3 |
| Average | 28.1% |
Data source
Data from OECD. Last updated: 24/11/2025.