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Colombia Core Inflation Rate

Colombia's core inflation rate increased to 5.3% in September 2025, up from 5.29% in August 2025. This marks the highest rate in five months. The rise was driven by increased prices for housing rentals, public utilities, services and education. Rebounding public utility prices and higher education costs were key factors. Colombia's record low core inflation was 1.67% in March 2021 and its record high was 12.41% in March 2023.

Monthly Historical Data (2015-2025)

(in %)
Month Core Inflation Rate
Sep 2025 5.3%
Aug 2025 5.3%
Jul 2025 5.2%
Jun 2025 5.1%
May 2025 5.2%
Apr 2025 5.3%
Mar 2025 5.3%
Feb 2025 5.4%
Jan 2025 5.5%
Dec 2024 5.4%
Nov 2024 5.6%
Oct 2024 5.9%
Sep 2024 6.2%
Aug 2024 6.3%
Jul 2024 6.7%
Jun 2024 7.1%
May 2024 7.2%
Apr 2024 7.3%
Mar 2024 7.6%
Feb 2024 8.1%
Jan 2024 8.7%
Dec 2023 9.5%
Nov 2023 9.8%
Oct 2023 9.9%
Sep 2023 10.3%
Aug 2023 10.8%
Jul 2023 11.3%
Jun 2023 11.6%
May 2023 11.9%
Apr 2023 12.2%
Mar 2023 12.4%
Feb 2023 12.2%
Jan 2023 11.8%
Dec 2022 11.6%
Nov 2022 11.1%
Oct 2022 10.8%
Sep 2022 10%
Aug 2022 9.4%
Jul 2022 8.8%
Jun 2022 8.4%
May 2022 8%
Apr 2022 7.7%
Mar 2022 6.9%
Feb 2022 6.4%
Jan 2022 5.6%
Dec 2021 4.4%
Nov 2021 4.2%
Oct 2021 3.7%
Sep 2021 3.8%
Aug 2021 3.9%
Jul 2021 3.6%
Jun 2021 3.4%
May 2021 2.8%
Apr 2021 2%
Mar 2021 1.7%
Feb 2021 1.7%
Jan 2021 1.8%
Dec 2020 1.9%
Nov 2020 1.9%
Oct 2020 2.1%
Sep 2020 2.2%
Aug 2020 2.2%
Jul 2020 2.3%
Jun 2020 2.3%
May 2020 2.5%
Apr 2020 3%
Mar 2020 3.3%
Feb 2020 3.2%
Jan 2020 3.4%
Dec 2019 3.4%
Nov 2019 3.5%
Oct 2019 3.5%
Sep 2019 3.5%
Aug 2019 3.4%
Jul 2019 3.3%
Jun 2019 3.3%
May 2019 3.2%
Apr 2019 3.2%
Mar 2019 3.1%
Feb 2019 3.1%
Jan 2019 3.1%
Dec 2018 3.2%
Nov 2018 3.6%
Oct 2018 3.6%
Sep 2018 3.6%
Aug 2018 3.5%
Jul 2018 3.6%
Jun 2018 3.6%
May 2018 3.8%
Apr 2018 3.8%
Mar 2018 4%
Feb 2018 4.3%
Jan 2018 4.7%
Dec 2017 4.9%
Nov 2017 4.7%
Oct 2017 4.7%
Sep 2017 4.9%
Aug 2017 5%
Jul 2017 5.2%
Jun 2017 5.3%
May 2017 5.6%
Apr 2017 5.8%
Mar 2017 6%
Feb 2017 6%
Jan 2017 5.3%
Dec 2016 6.2%
Nov 2016 6.3%
Oct 2016 6.6%
Sep 2016 6.7%
Aug 2016 7.1%
Jul 2016 7%
Jun 2016 6.8%
May 2016 6.6%
Apr 2016 6.7%
Mar 2016 6.5%
Feb 2016 6.2%
Jan 2016 5.5%
Dec 2015 5.2%
Nov 2015 5.2%
Oct 2015 4.9%
Sep 2015 4.7%
Aug 2015 4.3%
Colombia Core Inflation Rate : Definition
Colombia's core inflation rate measures price changes excluding volatile items like food and energy. It is calculated by the Banco de la República using the national Consumer Price Index (IPC), removing components with the most significant price fluctuations to show underlying inflation trends.
Indicator Last Value Prior Value Period
Annual Inflation Rate 6.61% 11.74% 2024
Inflation Rate 5.2% 5.1% Sep'25
Inflation Rate MoM 0.3% 0.2% Sep'25
Producer Price Index (PPI) 3.6% 3.8% Sep'25