(Agencia CMA Latam) - Colombia's Consumer Price Index (CPI) rose 3.40% in the 12 months ended in July, its weakest increase since October 2014, according to the national statistics office. In June, the index had a 12-month rise of 3.99%.
Annual inflation in Colombia has been losing steam since hitting an 8.97% peak in July 2016 and is now within the central bank's target range of 2% to 4%. Food prices were the main reason for that movement.
In the 12 months ended in July, food prices rose 0,20% - much less than the 15.71% increase in the same month of last year. Housing-related prices were 4.05% higher in July 2017 but were also rising more rapidly a year before (6.34%).
On a monthly basis, prices to Colombian consumers declined 0.05% in July, after rising 0.11% in June. It was the most significant monthly decrease since October 2016.
Analysts surveyed by Colombia's central bank expected the consumer price index to rise 0.12% in July compared to May.
by Agencia CMA Latam
For comments and feedback: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.