economy
May 9, 2026
Inflation in Colombia Spiked in April: How Much Did It Reach and Why Did It Rise?
Colombia registered an inflation of 0.78% in April, a figure higher than expected by the market, driven by the rise in prices of food, household goods and services, transportation, and public services, the National Administrative Department of Statistics (DANE) reported on Friday.
TL;DR
- Colombia's Consumer Price Index (CPI) rose by 0.78% in April 2026.
- The annual inflation rate for April 2026 was 5.68%.
- Key drivers of the monthly increase included food (1.51%), household goods and services (1.06%), transport (0.81%), and public services/health (0.70%).
- Inflation from January to April reached 3.87%, and over the last 12 months, it accumulated to 5.68%.
- The central bank's reference interest rate was increased earlier in the year but kept stable in late April at 11.25%.
- The central bank revised its inflation forecast for the year to 6.4%, likely missing its target for the sixth consecutive year.
- Monthly CPI variations by income level showed slight differences: Poor (0.80%), Vulnerable (0.81%), Middle Class (0.76%), and High Income (0.80%).