Colombia inflation rises to 6.14 percent in June

Annual inflation in Colombia reached 6.14 percent in June, up from 5.84 percent in May and marking four straight months of acceleration.

The figure, released on July 9, 2026, showed a monthly change of 0.39 percent. Services, food and housing categories accounted for about 72 percent of first-half accumulated inflation, which reached 4.77 percent.

The segments of lodging and public services, food and non-alcoholic beverages, and restaurants and hotels concentrated the main pressures. Fresh fruits, potatoes and tomatoes were the perishables with the largest contribution.

Citi revised its 2026 inflation forecast to 6.2 percent and cut GDP growth to 2.5 percent for the year.

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A realistic image of a Colombian market illustrating rising food and housing costs due to inflation.
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May inflation stood at 5.84% and pushed up cost of living in Colombia

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DANE reported that annual inflation in May reached 5.84%, driven by housing and food, placing the country with the third-highest cost of living in the region.

DANE reported annual inflation accelerated to 6.14% in June from 5.84% in May. The monthly variation was 0.39%.

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Dane reported the consumer price index recorded an annual variation of 5.68% in April, above March's 5.56%.

The Banco de la República released its Monthly Survey of Economists' Expectations, forecasting year-end inflation at 6.32% and interest rates at 12.25%. These projections mark an upward revision from March. Experts anticipate a gradual moderation in subsequent years.

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Dane reported Bogotá's GDP grew 4.6% in Q3 2025 year-on-year, surpassing Colombia's national figure of 3.6% from the same period in 2024. Growth was fueled by commerce, transport, and services sectors. Year-to-date through Q3, the capital's GDP expanded 3.9%.

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