Inflation Colombia 2011
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 4.0%. The lowest inflation was in April at 2.8%.
- Highest month
- October: 4.0%
- Lowest month
- April: 2.8%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 5.2%. The lowest price increase was in Clothing and footwear with an average of -0.2%.
- Highest increase
- Restaurants and hotels: 5.2%
- Lowest increase
- Clothing and footwear: -0.2%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 4.5%.
- 5-year average
- 4.5%
- 10-year average
- 5.1%
- All-time high (1992)
- 27.1%
- All-time low (2010)
- 2.3%
Trend
Inflation has remained relatively stable. Compared to 2010, the difference is minimal (+1.1 percentage point).
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- October: +1.7 percentage points
ECB Target
Inflation is 1.4% 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 €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 3.4% | +1.3 |
| February | 3.2% | +1.1 |
| March | 3.2% | +1.4 |
| April | 2.8% | +0.8 |
| May | 3.0% | +0.9 |
| June | 3.2% | +0.9 |
| July | 3.4% | +1.2 |
| August | 3.3% | +1.0 |
| September | 3.7% | +1.4 |
| October | 4.0% | +1.7 |
| November | 4.0% | +1.4 |
| December | 3.7% | +0.5 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 13/01/2026.