The annual inflation rate in Colombia edged up to 3.25 percent in April 2019 from 3.21 percent in the prior month while markets had expected it to drop to 3.11 percent. It is the highest inflation rate since November, as prices rose faster mainly for food & non-alcoholic beverages (3.44% vs 3.24% in March); transport (3.31% vs 3.17%) and restaurants & hotels (3.64% vs 3.39%) and education (5.02% vs 4.93%). Conversely, cost slowed for housing & utilities (4.18% vs 4.65%). On a monthly basis, consumer prices went up 0.50 percent, after increasing 0.43 percent in the previous month. Inflation Rate in Colombia averaged 14.19 percent from 1955 until 2019, 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.

Inflation Rate in Colombia is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Colombia to stand at 3.10 in 12 months time. In the long-term, the Colombia Inflation Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Colombia Inflation Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-06 01:00 AM Inflation Rate YoY 3.15% 3.18% 3.25% 3.3%
2019-03-06 12:00 AM Inflation Rate YoY 3.01% 3.15% 3.18% 3.2%
2019-04-06 12:30 AM Inflation Rate YoY 3.21% 3.01% 3.17% 3.0%
2019-05-04 05:00 PM Inflation Rate YoY 3.25% 3.21% 3.11% 3.2%
2019-06-06 12:00 AM Inflation Rate YoY 3.25%
2019-07-06 12:00 AM Inflation Rate YoY 3.3%
2019-08-06 12:00 AM Inflation Rate YoY


Colombia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.25 3.21 41.65 -0.87 percent [+]
Inflation Rate Mom 0.50 0.43 7.10 -1.49 percent [+]
Consumer Price Index CPI 102.12 101.62 102.12 0.03 Index Points [+]
Core Consumer Prices 101.90 101.51 101.90 36.13 Index Points [+]
Core Inflation Rate 3.25 3.09 9.83 2.66 percent [+]
Producer Prices 118.03 116.37 120.67 60.18 Index Points [+]
Food Inflation 3.44 3.24 35.59 -0.54 percent [+]
Producer Prices Change 5.94 4.71 15.64 -4.09 percent [+]
CPI Housing Utilities 101.67 101.20 101.67 0.07 Index Points [+]
CPI Transportation 101.76 101.53 101.76 44.63 Index Points [+]
Export Prices 115.70 112.98 118.64 0.18 Index Points [+]
Import Prices 118.66 118.11 120.05 0.32 Index Points [+]


Colombia Inflation Rate

In Colombia, the three main components of the consumer price index are: Housing & Utilities (33.1 percent of the total weight); Food and Non-Alcoholic Beverages (15.1 percent) and Transport (12.9 percent). Others include: Restaurants & Hotels (9.4 percent); Miscellaneous Goods & Services (5.4 percent); Education (4.4 percent) and Information & Communication (4.3 percent). Furnishings, Clothing & Footwear, Recreation & Culture, Alcoholic Beverages & Tobacco and Health account for the remaining 15.4 percent of total weight. The CPI covers the urban population of 38 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.25 3.21 41.65 -0.87 1955 - 2019 percent Monthly
2018=100




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.50 Mar/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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