Dane reported that Colombia's annual inflation for March 2026 reached 5.56%, up from 5.29% in February. This is the highest rate since September 2024 at 5.81%. Year-to-date inflation for the first quarter stood at 3.07%.
The National Administrative Department of Statistics (Dane) released March inflation data, which accelerated to 5.56% year-over-year, from 5.29% in February and 5.35% in January.
"Year-to-date, that is, for the first quarter of the year it reached 3.07%, above the 2.62% we reported in the first quarter of last year," said Piedad Urdinola, director of Dane.
Divisions with the highest increases were restaurants and hotels (9.92%), health (7.87%), education (7.54%), alcoholic beverages and tobacco (6.75%), non-alcoholic food and beverages (6.27%), and various goods and services (6.09%). Key contributors to the index were meals at table service and self-service establishments (0.75 percentage points), imputed rent (0.61 pp), and urban transport (0.52 pp).
By city, Pereira had the highest at 6.48%, followed by Medellín (5.98%) and Manizales (5.90%). The lowest were Santa Marta (3.58%), Valledupar (3.65%), and Riohacha (3.69%). Financial market expectations pointed to 5.45%, per 25 entities.