Inflation Colombia 2012

Average inflation: 3.2%

Current Inflation

Inflation is high at 3.2%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 3.6%. The lowest inflation was in December at 2.4%.

Highest month
January: 3.6%
Lowest month
December: 2.4%
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 5.5%. The lowest price increase was in Recreation and culture with an average of 0.2%.

Highest increase
Restaurants and hotels: 5.5%
Lowest increase
Recreation and culture: 0.2%

Historical Context

Current inflation is 0.8% lower than the 5-year average of 4.0%.

5-year average
4%
10-year average
4.8%
All-time high (1994)
22.9%
All-time low (2010)
2.3%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
December: -1.3 percentage points

ECB Target

Inflation is 1.2% 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 €103.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
3.4%
+0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.8%
-0.4vs avg.
More details →
Clothing and footwear
0.6%
-2.6vs avg.
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Housing, water, electricity, gas and other fuels
3.8%
+0.6vs avg.
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Furnishings, household equipment and maintenance
2.8%
-0.4vs avg.
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Health
3.7%
+0.5vs avg.
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Transport
2.0%
-1.2vs avg.
More details →
Communication
2.6%
-0.6vs avg.
More details →
Recreation and culture
0.2%
-3.0vs avg.
More details →
Education
5.2%
+2.0vs avg.
More details →
Restaurants and hotels
5.5%
+2.3vs avg.
More details →
Miscellaneous goods and services
1.8%
-1.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 3.6% +0.2
February 3.6% +0.4
March 3.4% +0.2
April 3.4% +0.6
May 3.4% +0.4
June 3.2% 0.0
July 3.0% -0.4
August 3.1% -0.2
September 3.1% -0.6
October 3.1% -0.9
November 2.8% -1.2
December 2.4% -1.3
Average 3.2%

Data source

Data from OECD. Last updated: 11/01/2026.

See also