Inflation Colombia 2018
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 3.7%. The lowest inflation was in March at 3.1%.
- Highest month
- January: 3.7%
- Lowest month
- March: 3.1%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 7.0%. The lowest price increase was in Clothing and footwear with an average of 0.5%.
- Highest increase
- Education: 7.0%
- Lowest increase
- Clothing and footwear: 0.5%
Historical Context
Current inflation is 1.4% lower than the 5-year average of 4.6%.
- 5-year average
- 4.6%
- 10-year average
- 3.8%
- All-time high (1999)
- 11%
- All-time low (2013)
- 2%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- February: -1.8 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 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.7% | -1.8 |
| February | 3.4% | -1.8 |
| March | 3.1% | -1.6 |
| April | 3.1% | -1.6 |
| May | 3.2% | -1.2 |
| June | 3.2% | -0.8 |
| July | 3.1% | -0.3 |
| August | 3.1% | -0.8 |
| September | 3.2% | -0.8 |
| October | 3.3% | -0.7 |
| November | 3.3% | -0.8 |
| December | 3.2% | -0.9 |
| Average | 3.2% |
Data source
Data from OECD. Last updated: 11/01/2026.