Inflation Colombia 2026
Average inflation: 5.8%
Inflation in 2026
Inflation is very high at 5.8%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 6.3%. The lowest inflation was in February at 5.3%.
- Highest month
- September: 6.3%
- Lowest month
- February: 5.3%
- Difference
- 1.0 percentage points
- Months with data
- 9 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 Clothing and footwear with an average of 2.9%.
- Highest increase
- Restaurants and hotels: 9.5%
- Lowest increase
- Clothing and footwear: 2.9%
Historical Context
Inflation is 2.1 percentage points lower than the 5-year average of 7.9%.
- 5-year average
- 7.9%
- 10-year average
- 5.7%
- All-time high (2023)
- 11.8%
- All-time low (2013)
- 2%
Trend
Over the period 2024-2026, inflation has remained relatively stable. Compared to 2025, inflation has risen by 0.6 percentage points.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- June: +1.3 percentage points
ECB Target
Inflation is 3.8 percentage points 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 COP 100 this year will cost approximately COP 106 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
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 |
| April | 5.7% | +0.5 |
| May | 5.8% | +0.7 |
| June | 6.1% | +1.3 |
| July | 6.0% | +1.1 |
| August | 6.2% | +1.1 |
| September | 6.3% | +1.1 |
| Average | 5.8% |
Data source
Data from OECD. Last updated: 21/10/2026. Not all months available yet.