Colombia: annual CPI changes by month 2018-2024

Published by Statista Research Department, Jul 5, 2024
The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. After experiencing a decreasing trend between March 2020 and March 2021, the monthly inflation rate in Colombia has been soaring to unprecedented levels. In April 2023, CPI stood at 112.82 index points, which was an increase of prices of 12.82 percent compared to the same month of 2022. During 2023, the level of price increases started to slow down, until leaving the two digits during December of that same year.

Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year)

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Release date

June 2024

Region

Colombia

Survey time period

January 2018 to April 2024

Supplementary notes

Base: December 2018 = 100.
Data prior to 2023 was extracted from previous reports.

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