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)
Characteristic
Monthly inflation rate
Apr 24
7.16%
Mar 24
7.36%
Feb 24
7.74%
Jan 24
8.35%
Dec 23
9.28%
Nov 23
10.15%
Oct 23
10.48%
Sep 23
10.99%
Aug 23
11.43%
Jul 23
11.78%
Jun 23
12.13%
May 23
12.36%
Apr 23
12.82%
Mar 23
13.34%
Feb 23
13.28%
Jan 23
13.25%
Dec 22
13.12%
Nov 22
12.53%
Oct 22
12.22%
Sep 22
11.44%
Aug 22
10.84%
Jul 22
10.21%
Jun 22
9.67%
May 22
9.07%
Apr 22
9.23%
Mar 22
8.53%
Feb 22
8.01%
Jan 22
6.94%
Dec 21
5.62%
Nov 21
5.26%
Oct 21
4.58%
Sep 21
4.51%
Aug 21
4.44%
Jul 21
3.97%
Jun 21
3.63%
May 21
3.3%
Apr 21
1.95%
Mar 21
1.51%
Feb 21
1.56%
Jan 21
1.6%
Dec 20
1.61%
Nov 20
1.49%
Oct 20
1.75%
Sep 20
1.97%
Aug 20
1.88%
Jul 20
1.97%
Jun 20
2.19%
May 20
2.85%
Apr 20
3.51%
Mar 20
3.86%
Feb 20
3.72%
Jan 20
3.62%
Dec 19
3.8%
Nov 19
3.84%
Oct 19
3.86%
Sep 19
3.82%
Aug 19
3.75%
Jul 19
3.79%
Jun 19
3.43%
May 19
3.31%
Apr 19
3.25%
Mar 19
3.21%
Feb 19
3.01%
Jan 19
3.15%
Dec 18
3.18%
Nov 18
3.27%
Oct 18
3.33%
Sep 18
3.23%
Aug 18
3.1%
Jul 18
3.12%
Jun 18
3.2%
May 18
3.16%
Apr 18
3.13%
Mar 18
3.14%
Feb 18
3.37%
Jan 18
3.68%
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DANE (Colombia). (June 10, 2024). Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/
DANE (Colombia). "Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year)." Chart. June 10, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/
DANE (Colombia). (2024). Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/
DANE (Colombia). "Monthly Inflation Rate in Colombia from January 2018 to April 2024 (Cpi Compared to The Same Month of The Previous Year)." Statista, Statista Inc., 10 Jun 2024, https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/
DANE (Colombia), Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year) Statista, https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/ (last visited October 31, 2024)
Monthly inflation rate in Colombia from January 2018 to April 2024 (CPI compared to the same month of the previous year) [Graph], DANE (Colombia), June 10, 2024. [Online]. Available: https://www.statista.com/statistics/1296036/monthly-inflation-rate-colombia/
