Inflation Colombia 2015

Average inflation: 5.0%

Current Inflation

Inflation is very high at 5.0%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 6.8%. The lowest inflation was in January at 3.8%.

Highest month
December: 6.8%
Lowest month
January: 3.8%
Difference
3.0 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 8.6%. The lowest price increase was in Clothing and footwear with an average of 1.9%.

Highest increase
Food and non-alcoholic beverages: 8.6%
Lowest increase
Clothing and footwear: 1.9%

Historical Context

Current inflation is 1.7% higher than the 5-year average of 3.3%.

5-year average
3.3%
10-year average
4%
All-time high (1996)
20.8%
All-time low (2013)
2%

Trend

Inflation shows an upward trend. Compared to 2014, inflation has risen by +2.1 percentage point.

Change vs. previous year
+2.1 percentage points
Largest monthly swing
December: +3.1 percentage points

ECB Target

Inflation is 3.0% 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 €105.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
8.6%
+3.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.9%
-2.1vs avg.
More details →
Clothing and footwear
1.9%
-3.1vs avg.
More details →
Housing, water, electricity, gas and other fuels
4.1%
-0.9vs avg.
More details →
Furnishings, household equipment and maintenance
3.7%
-1.3vs avg.
More details →
Health
4.3%
-0.7vs avg.
More details →
Transport
3.9%
-1.1vs avg.
More details →
Communication
4.2%
-0.8vs avg.
More details →
Recreation and culture
4.8%
-0.2vs avg.
More details →
Education
5.0%
+0.0vs avg.
More details →
Restaurants and hotels
4.5%
-0.5vs avg.
More details →
Miscellaneous goods and services
4.7%
-0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January 3.8% +1.7
February 4.4% +2.1
March 4.6% +2.1
April 4.6% +1.9
May 4.4% +1.5
June 4.4% +1.6
July 4.5% +1.6
August 4.7% +1.7
September 5.4% +2.5
October 5.9% +2.6
November 6.4% +2.7
December 6.8% +3.1
Average 5.0%

Data source

Data from OECD. Last updated: 13/01/2026.

See also