Inflation Colombia 2019
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 3.9%. The lowest inflation was in February at 3.0%.
- Highest month
- October: 3.9%
- Lowest month
- February: 3.0%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 5.4%. The lowest price increase was in Clothing and footwear with an average of 0.5%.
- Highest increase
- Education: 5.4%
- Lowest increase
- Clothing and footwear: 0.5%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 4.7%.
- 5-year average
- 4.7%
- 10-year average
- 3.7%
- All-time high (2000)
- 9.2%
- All-time low (2013)
- 2%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- July: +0.7 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 3.2% | -0.5 |
| February | 3.0% | -0.4 |
| March | 3.2% | +0.1 |
| April | 3.3% | +0.2 |
| May | 3.3% | +0.1 |
| June | 3.4% | +0.2 |
| July | 3.8% | +0.7 |
| August | 3.8% | +0.7 |
| September | 3.8% | +0.6 |
| October | 3.9% | +0.6 |
| November | 3.8% | +0.5 |
| December | 3.8% | +0.6 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 13/01/2026.