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%
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0%2.5%5%7.5%10%12.5%15%
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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 May 10, 2025, 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 May 10, 2025. 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: May 10, 2025. 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 May 10, 2025)
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/
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