Inflation Colombia 2001

Average inflation: 8.0%

Current Inflation

Inflation is very high at 8.0%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 8.5%. The lowest inflation was in December at 7.6%.

Highest month
January: 8.5%
Lowest month
December: 7.6%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 9.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.8%.

Highest increase
Food and non-alcoholic beverages: 9.8%
Lowest increase
Food and non-alcoholic beverages: 9.8%

Historical Context

Current inflation is 5.1% lower than the 5-year average of 13.1%. This approaches the lowest level since records began (8.0% in 2001).

5-year average
13.1%
10-year average
18%
All-time high (1991)
30.5%
All-time low (2001)
8%

Trend

Inflation shows a downward trend. Compared to 2000, inflation has fallen by +1.2 percentage point.

Change vs. previous year
-1.2 percentage points
Largest monthly swing
May: -2.1 percentage points

ECB Target

Inflation is 6.0% 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 €108.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
9.8%
+1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2000
January 8.5% +0.3
February 8.1% -0.8
March 7.8% -1.9
April 8.0% -2.0
May 7.9% -2.1
June 7.9% -1.8
July 8.1% -1.2
August 8.0% -1.1
September 8.0% -1.2
October 8.0% -1.0
November 7.8% -1.0
December 7.6% -1.2
Average 8.0%

Data source

Data from OECD. Last updated: 17/12/2025.

See also