Colombia Inflation
Inflation drops to lowest level since September 2022 in June
Inflation came in at 12.1% in June, down from May’s 12.4%. June’s reading represented the lowest inflation rate since September 2022. The moderation was broad-based, with reduced price pressures recorded for housing and utilities, food and non-alcoholic beverages, and restaurants and hotels.
The trend pointed up slightly, with annual average inflation coming in at 12.3% in June (May: 12.1%). Meanwhile, core inflation fell to 11.6% in June, from May’s 11.9%.
Finally, consumer prices rose 0.30% over the previous month in June, slowing down from the 0.44% increase seen in May. June’s result marked the softest rise in prices since October 2021.
Colombia Inflation Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Colombia from 2013 to 2022.
Colombia Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.2 | 3.5 | 2.5 | 3.5 | 10.2 |
| Inflation (CPI, ann. var. %, eop) | 3.2 | 3.8 | 1.6 | 5.6 | 13.1 |
| Inflation (Core, ann. var. %, eop) | 3.2 | 3.8 | 1.9 | 4.4 | 11.6 |