Inflation Colombia 2026

Average inflation: 5.3%

Current Inflation

Inflation is very high at 5.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 5.4%. The lowest inflation was in February at 5.3%.

Highest month
January: 5.4%
Lowest month
February: 5.3%
Difference
0.1 percentage points
Months with data
2 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 9.3%. The lowest price increase was in Communication with an average of 1.5%.

Highest increase
Restaurants and hotels: 9.3%
Lowest increase
Communication: 1.5%

Historical Context

Current inflation is 2.5% 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 +0.1 percentage point.

Change vs. previous year
+0.1 percentage points
Largest monthly swing
January: +0.2 percentage points

ECB Target

Inflation is 3.3% 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 €105.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2026

Inflation by category

Food and non-alcoholic beverages
5.4%
+0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.7%
+2.4vs avg.
More details →
Clothing and footwear
2.5%
-2.8vs avg.
More details →
Housing, water, electricity, gas and other fuels
4.3%
-1.0vs avg.
More details →
Furnishings, household equipment and maintenance
4.4%
-0.9vs avg.
More details →
Health
7.6%
+2.3vs avg.
More details →
Transport
5.5%
+0.3vs avg.
More details →
Communication
1.5%
-3.8vs avg.
More details →
Recreation and culture
2.1%
-3.2vs avg.
More details →
Education
7.4%
+2.1vs avg.
More details →
Restaurants and hotels
9.3%
+4.0vs avg.
More details →
Miscellaneous goods and services
5.3%
+0.0vs 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
Average 5.3%

Data source

Data from OECD. Last updated: 21/03/2026.Not all months available yet.

See also