Inflation Colombia 2026

Average inflation: 5.4%

Current Inflation

Inflation is very high at 5.4%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 5.6%. The lowest inflation was in February at 5.3%.

Highest month
March: 5.6%
Lowest month
February: 5.3%
Difference
0.3 percentage points
Months with data
3 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 9.5%. The lowest price increase was in Recreation and culture with an average of 2.2%.

Highest increase
Restaurants and hotels: 9.5%
Lowest increase
Recreation and culture: 2.2%

Historical Context

Current inflation is 2.4% lower than the 5-year average of 7.8%.

5-year average
7.8%
10-year average
5.6%
All-time high (2023)
11.8%
All-time low (2013)
2%

Trend

Inflation shows a downward trend. Compared to 2025, inflation has fallen by +0.2 percentage point.

Change vs. previous year
+0.2 percentage points
Largest monthly swing
March: +0.5 percentage points

ECB Target

Inflation is 3.4% 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 €105.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2026

Inflation by category

Food and non-alcoholic beverages
5.7%
+0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.4%
+2.0vs avg.
More details →
Clothing and footwear
2.6%
-2.8vs avg.
More details →
Housing, water, electricity, gas and other fuels
4.2%
-1.2vs avg.
More details →
Furnishings, household equipment and maintenance
4.7%
-0.7vs avg.
More details →
Health
7.7%
+2.3vs avg.
More details →
Transport
5.2%
-0.2vs avg.
More details →
Communication
2.6%
-2.8vs avg.
More details →
Recreation and culture
2.2%
-3.2vs avg.
More details →
Education
7.4%
+2.0vs avg.
More details →
Restaurants and hotels
9.5%
+4.1vs avg.
More details →
Miscellaneous goods and services
5.6%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2025
January 5.4% +0.2
February 5.3% 0.0
March 5.6% +0.5
Average 5.4%

Data source

Data from OECD. Last updated: 29/04/2026.Not all months available yet.

See also