Inflation Colombia 2014
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in November at 3.7%. The lowest inflation was in January at 2.1%.
- Highest month
- November: 3.7%
- Lowest month
- January: 2.1%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 4.5%. The lowest price increase was in Recreation and culture with an average of 1.1%.
- Highest increase
- Education: 4.5%
- Lowest increase
- Recreation and culture: 1.1%
Historical Context
Current inflation is around the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 4%
- All-time high (1995)
- 20.9%
- All-time low (2013)
- 2%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+0.9 percentage point).
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- November: +1.9 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 2.1% | +0.1 |
| February | 2.3% | +0.5 |
| March | 2.5% | +0.6 |
| April | 2.7% | +0.7 |
| May | 2.9% | +0.9 |
| June | 2.8% | +0.6 |
| July | 2.9% | +0.7 |
| August | 3.0% | +0.7 |
| September | 2.9% | +0.6 |
| October | 3.3% | +1.5 |
| November | 3.7% | +1.9 |
| December | 3.7% | +1.8 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 11/01/2026.