The average inflation rate in Colombia was forecast to decrease between 2024 and 2029 by in total 3.7 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2029. The inflation is estimated to amount to 3.01 percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.Find more statistics on other topics about Colombia with key insights such as the national debt, the growth of the real the gross domestic product, and the ratio of government expenditure to the gross domestic product.

The Consumer Price Index in Colombia increased 1.14 percent in February of 2025 over the previous month. This dataset provides - Colombia Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Colombia increased 5.42 percent in February of 2025 over the same month in the previous year. This dataset provides - Colombia Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. After experiencing a decreasing trend between March 2020 and March 2021, the monthly inflation rate in Colombia has been soaring to unprecedented levels. In April 2023, CPI stood at 112.82 index points, which was an increase of prices of 12.82 percent compared to the same month of 2022. During 2023, the level of price increases started to slow down, until leaving the two digits during December of that same year.

Colombia Inflation Rate: Medellin data was reported at 0.430 % in Dec 2018. This records an increase from the previous number of 0.190 % for Nov 2018. Colombia Inflation Rate: Medellin data is updated monthly, averaging 0.925 % from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 4.940 % in Nov 1981 and a record low of -1.470 % in May 1986. Colombia Inflation Rate: Medellin data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

Colombia Inflation Rate: Pasto data was reported at 0.360 % in Dec 2018. This records an increase from the previous number of 0.220 % for Nov 2018. Colombia Inflation Rate: Pasto data is updated monthly, averaging 0.790 % from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 6.550 % in Sep 1990 and a record low of -1.700 % in Dec 1982. Colombia Inflation Rate: Pasto data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. It can been noticed that in November 2024, restaurants and hotels was the category that experienced the second largest increase compared to the same month of the previous year, with 8.41 percent. Only behind education with a 10.62 percent increase.

Colombia Inflation Rate: Pereira data was reported at 0.410 % in Dec 2018. This records an increase from the previous number of 0.130 % for Nov 2018. Colombia Inflation Rate: Pereira data is updated monthly, averaging 0.565 % from Jan 1989 (Median) to Dec 2018, with 360 observations. The data reached an all-time high of 4.070 % in Feb 1990 and a record low of -0.280 % in Oct 2009. Colombia Inflation Rate: Pereira data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Colombia was 5.27 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 5.22 percent. Compared to a year ago, we see a decrease from the...

Colombia Inflation Rate: Armenia data was reported at 0.560 % in Jan 2019. This records an increase from the previous number of 0.200 % for Dec 2018. Colombia Inflation Rate: Armenia data is updated monthly, averaging 0.200 % from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 0.980 % in Jan 2017 and a record low of -0.170 % in Sep 2017. Colombia Inflation Rate: Armenia data remains active status in CEIC and is reported by National Statistics Administrative Department. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

In February 2025, the inflation rate of food in Colombia increased by 4.56 percent compared to the same month from the previous year.

Colombia inflation rate for 2023 was 11.74%, a 1.56% increase from 2022.

• Colombia inflation rate for 2022 was 10.18%, a 6.68% increase from 2021.
• Colombia inflation rate for 2021 was 3.50%, a 0.97% increase from 2020.
• Colombia inflation rate for 2020 was 2.53%, a 1% decline from 2019.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The annual inflation rate of end of period consumer prices in Colombia was forecast to decrease between 2024 and 2029 by in total 2.6 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2029. The rate is estimated to amount to 3.04 percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the end of period consumer price index. Said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period. Typically a reference year exists for which a value of 100 had been assigned.Find more key insights for the annual inflation rate of end of period consumer prices in countries like Suriname, Venezuela, and Guyana.

Colombia Inflation Rate: Riohacha data was reported at 0.320 % in Dec 2018. This records an increase from the previous number of 0.310 % for Nov 2018. Colombia Inflation Rate: Riohacha data is updated monthly, averaging 0.255 % from Jan 2009 (Median) to Dec 2018, with 120 observations. The data reached an all-time high of 1.950 % in Dec 2010 and a record low of -0.970 % in Jul 2016. Colombia Inflation Rate: Riohacha data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

In April 2024, the cities in Colombia with the highest annual inflation rate compared to the same month of the previous year was Valledupar with a 9.35 percent. Followed by Riohacha with 8.69 percent and Sincelejo with 8.69 percent.

A taxa de inflação na Colômbia aumentou para 5,22% em janeiro, em comparação com 5,20% em dezembro de 2024. Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Colômbia - Taxa de Inflação.

Colombia Inflation Rate: Barranquilla data was reported at 0.190 % in Dec 2018. This records a decrease from the previous number of 0.340 % for Nov 2018. Colombia Inflation Rate: Barranquilla data is updated monthly, averaging 0.810 % from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 4.790 % in Jan 1988 and a record low of -0.420 % in Aug 1983. Colombia Inflation Rate: Barranquilla data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

The annual average consumer price index in Colombia was forecast to continuously increase between 2024 and 2029 by in total 25.4 points (+17.76 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 168.4 points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.Find more key insights for the annual average consumer price index in countries like Venezuela, Suriname, and Guyana.

Colombia Inflation Rate: Neiva data was reported at 0.490 % in Dec 2018. This records an increase from the previous number of 0.170 % for Nov 2018. Colombia Inflation Rate: Neiva data is updated monthly, averaging 0.600 % from Jan 1989 (Median) to Dec 2018, with 360 observations. The data reached an all-time high of 3.670 % in May 1991 and a record low of -0.870 % in Aug 2016. Colombia Inflation Rate: Neiva data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I002: Consumer Price Index: Inflation Rate.

In 2023, the most significant increase in price goods in Bogotá was for industry with a 14.04 percent. The total CPI in the Colombian capital that year was 9.43 percent.