Inflation in Colombia would continue to rebound in March: the figure is projected to be between 5.37% and 5.50% annually
Inflation in Colombia would have continued to rise in March 2026. Photo: iStock
TL;DR
- Inflation in Colombia is expected to be between 5.37% and 5.50% annually in March 2026.
- Market expectations forecast inflation to close 2026 at 6.24%, remaining outside the Banco de la República's target (2%-4%).
- Factors contributing to inflation include wage indexation, food prices, utility tariffs, and domestic demand dynamics.
- Some members of the Banco de la República's Board advocated for a 100 basis point interest rate increase to combat persistent inflation.
- Colombia is noted as the only regional economy yet to bring its inflation rate back to its target after post-pandemic shocks.
- The global impact of the war in Iran on oil, gas, and basic commodity prices adds further uncertainty.