Inflation Colombia 2006
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 4.7%. The lowest inflation was in June at 3.9%.
- Highest month
- August: 4.7%
- Lowest month
- June: 3.9%
- Difference
- 0.8 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 5.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.6%.
- Highest increase
- Food and non-alcoholic beverages: 5.6%
- Lowest increase
- Food and non-alcoholic beverages: 5.6%
Historical Context
Current inflation is 1.4% lower than the 5-year average of 5.7%. This approaches the lowest level since records began (4.3% in 2006).
- 5-year average
- 5.7%
- 10-year average
- 9.4%
- All-time high (1991)
- 30.5%
- All-time low (2006)
- 4.3%
Trend
Inflation shows a downward trend. Compared to 2005, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- February: -1.1 percentage points
ECB Target
Inflation is 2.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 4.6% | -0.8 |
| February | 4.2% | -1.1 |
| March | 4.1% | -0.9 |
| April | 4.1% | -0.9 |
| May | 4.0% | -1.0 |
| June | 3.9% | -0.9 |
| July | 4.3% | -0.6 |
| August | 4.7% | -0.2 |
| September | 4.6% | -0.4 |
| October | 4.2% | -1.1 |
| November | 4.3% | -0.8 |
| December | 4.5% | -0.3 |
| Average | 4.3% |
Data source
Data from OECD. Last updated: 17/12/2025.