Inflation in Colombia

Colombia Inflation (eop) | Economic News & Forecasts

Colombia - Inflation (end of period)

Inflation inches down in July

According to the National Department of Administrative Statistics (DANE), consumer prices fell 0.13% over the previous month in July, contrasting a 0.15% month-on-month rise in June. Prices declined in four out of the nine components, while increasing in the remaining five. Communications recorded the biggest drop in prices, while housing registered the largest upturn in prices.

Inflation inched down to 3.1% in July from 3.2% in June, thus remaining within the Central Bank’s target band of 3.0% plus or minus 1.0%.

In June—the latest month for which data is available—core consumer prices, which exclude volatile items including fresh food and fruit, rose 0.15% after increasing 0.25% in May (previously reported: 0.27%). Meanwhile, core inflation fell to 3.6% in June, down from 3.8% in May.


Colombia Inflation July 2018


Panelists participating in the LatinFocus Consensus Forecast expect that inflation will end 2018 at 3.3%, which is unchanged from last month’s forecast. For 2019, the panel also expects inflation to end the year at 3.3%.

Colombia - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)1.9  3.7  6.8  5.7  4.1  

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Colombia Inflation (eop) Chart


Colombia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistical Institute (DANE).

Colombia Facts

ValueChangeDate
Bond Yield6.870.0 %Aug 06
Exchange Rate2,896-0.17 %Aug 07
Stock Market12,095-0.66 %Aug 06

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