The annual inflation rate in Colombia edged up to 3.33 percent in October of 2018 from 3.23 percent in September, compared to market expectations of 3.34 percent. Biggest upward pressure came from cost of housing (prices up 4.08 percent compared to 3.93 percent in September), food (2.25 percent compared to 2.05 percent), transportation (4.39 percent compared to 4.21 percent) and education (6.37 percent compared to 6.38 percent). On a monthly basis, consumer prices rose 0.12 percent, following a 0.16 percent increase in September. Inflation Rate in Colombia averaged 14.28 percent from 1955 until 2018, reaching an all time high of 41.65 percent in June of 1977 and a record low of -0.87 percent in July of 1955.

Colombia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-06 12:00 AM Inflation Rate YoY 3.1% 3.12% 3.1% 3.20%
2018-10-06 12:00 AM Inflation Rate YoY 3.2% 3.1% 3.24% 3.2%
2018-11-03 05:00 PM Inflation Rate YoY 3.33% 3.2% 3.34% 3.3%
2018-12-05 12:00 AM Inflation Rate YoY 3.33% 3.3%


Colombia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.33 3.23 41.65 -0.87 percent [+]
Inflation Rate Mom 0.12 0.16 7.10 -1.49 percent [+]
Consumer Price Index CPI 142.67 142.50 142.67 0.03 Index Points [+]
Core Consumer Prices 146.50 146.31 146.50 52.28 Index Points [+]
Core Inflation Rate 3.56 3.54 9.83 2.66 percent [+]
Producer Prices 117.52 115.97 120.67 60.18 Index Points [+]
Food Inflation 2.30 2.10 35.59 -0.54 percent [+]
Producer Prices Change 7.78 7.21 15.64 -4.09 percent [+]
CPI Housing Utilities 147.28 146.75 147.28 0.07 Index Points [+]
CPI Transportation 133.45 133.19 133.45 44.63 Index Points [+]
Export Prices 118.64 115.59 118.64 0.18 Index Points [+]
Import Prices 116.58 116.05 120.05 0.32 Index Points [+]


Colombia Inflation Rate

In Colombia, the three main components of the consumer price index are: Housing (30.1 percent of the total weight); Food (28.1 percent) and Transports (15.2 percent). Other Expenses account for 6.4 percent; Education for 5.7 percent and Clothing for 5.2 percent. Others include: Communications (3.7 percent); Leisure (3.1 percent) and Health Care (2.4 percent). The national index has a base of 100 as of 2008. The CPI covers the urban population of 24 capital city departments, including some metropolitan areas, which account for the largest population registered in the country and have the most dynamic economic environment in comparison to the remaining cities of the country. This page provides - Colombia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.33 3.23 41.65 -0.87 1955 - 2018 percent Monthly
2008=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Sep/18
United States 2.30 Sep/18


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