The Cost of "Dignity":
Last week, DANE revealed that the monthly inflation in January 2026 was 1.18% and that the annual variation increased from 5.22% to 5.35%. With these results, Colombia continues to consolidate itself as one of the countries with the highest inflation in the world and, worst of all, projections indicate that the indicator will continue to rise, while in other countries it is going down.
TL;DR
- Monthly inflation in January 2026 was 1.18%, and the annual variation rose to 5.35%.
- Colombia has one of the highest inflation rates globally and is projected to increase further.
- Inflation has been above the Central Bank's target for 7 years.
- Sectors with the highest price increases include restaurants/hotels, alcoholic beverages/tobacco, health, and education.
- Increases in gas, sewage, water, and garbage collection services are affecting the entire population.
- The government is accused of manipulating figures and blaming private companies for price hikes.
- The Central Bank has raised its intervention interest rate to 10.25% to combat inflation, making credit more expensive.
- The article criticizes government populism, stating it is negatively impacting the economy and costing the population dearly.