Colombia Inflation Rate

The annual inflation rate in Colombia fell to 3.01 percent in February 2019 from 3.15 percent in the prior month and below market expectations of 3.18 percent. It was the slowest inflation rate since September 2014. On a monthly basis, consumer prices went up 0.57 percent, following a 0.60 percent increase in December, and below market consensus of 0.74 percent. Notably, prices for education climbed 4.48 percent on a monthly basis. Inflation Rate in Colombia averaged 14.22 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 3.00 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 3.30 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-12-06	12:00 AM	Inflation Rate YoY	3.27%	3.33%	3.34%	3.3%
2019-01-05	05:00 PM	Inflation Rate YoY	3.18%	3.27%	3.20%	3.2%
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	12:00 AM	Inflation Rate YoY		3.01%		3.0%
2019-05-04	05:00 PM	Inflation Rate YoY
2019-06-06	12:00 AM	Inflation Rate YoY

Colombia Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	3.01	3.15	41.65	-0.87	percent	[+]
Inflation Rate Mom	0.57	0.60	7.10	-1.49	percent	[+]
Consumer Price Index CPI	101.18	100.60	101.18	0.03	Index Points	[+]
Core Consumer Prices	101.25	100.54	101.25	36.13	Index Points	[+]
Core Inflation Rate	3.13	3.10	9.83	2.66	percent	[+]
Producer Prices	115.60	114.53	120.67	60.18	Index Points	[+]
Food Inflation	1.40	2.43	35.59	-0.54	percent	[+]
Producer Prices Change	3.82	2.72	15.64	-4.09	percent	[+]
CPI Housing Utilities	100.53	100.25	100.53	0.07	Index Points	[+]
CPI Transportation	101.15	100.37	101.15	44.63	Index Points	[+]
Export Prices	111.85	109.34	118.64	0.18	Index Points	[+]
Import Prices	118.12	118.67	120.05	0.32	Index Points	[+]

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). Others include: Other Expenses (6.4 percent); Education (5.7 percent ), Clothing (5.2 percent), Communications (3.7 percent); Leisure (3.1 percent) and Health Care (2.4 percent). 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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.01	3.15	41.65	-0.87	1955 - 2019	percent	Monthly	2008=100

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Country	Last		Previous	Range
Argentina	50.70	Feb/19	48.9	20263 : -7	%
Australia	1.80	Dec/18	1.9	23.9 : -1.3	%
Brazil	3.89	Feb/19	3.78	6821 : 1.65	%
Canada	1.50	Feb/19	1.4	21.6 : -17.8	%
China	1.50	Feb/19	1.7	28.4 : -2.2	%
Euro Area	1.50	Feb/19	1.4	5 : -0.6	%
France	1.30	Feb/19	1.2	18.8 : -0.7	%
Germany	1.50	Feb/19	1.4	11.54 : -7.62	%
India	2.57	Feb/19	1.97	12.17 : 1.54	%
Indonesia	2.57	Feb/19	2.82	82.4 : -1.17	%
Italy	1.00	Feb/19	0.9	25.64 : -0.6	%
Japan	0.20	Feb/19	0.2	24.9 : -2.5	%
Mexico	3.94	Feb/19	4.37	180 : 2.13	%
Netherlands	2.60	Feb/19	2.2	11.19 : -1.3	%
Russia	5.20	Feb/19	5	2333 : 2.2	%
Saudi Arabia	-2.20	Feb/19	-1.9	11.1 : -2.2	%
Singapore	0.40	Jan/19	0.5	34 : -3.1	%
South Africa	4.10	Feb/19	4	20.7 : 0.2	%
South Korea	0.50	Feb/19	0.8	32.5 : 0.2	%
Spain	1.10	Feb/19	1	28.43 : -1.37	%
Switzerland	0.60	Feb/19	0.6	11.92 : -1.4	%
Turkey	19.67	Feb/19	20.35	139 : -4.01	%
United Kingdom	1.90	Feb/19	1.8	8.5 : -0.1	%
United States	1.50	Feb/19	1.6	23.7 : -15.8	%