Colombia inflation falls to 6.03% in July 2026

On August 10, 2026, the National Administrative Department of Statistics (Dane) reported that annual inflation in Colombia fell to 6.03% in July, breaking four consecutive months of increase. The monthly index for July was 0.17%, below the 0.28% recorded in the same period of 2025.

Annual inflation slows in July

After beginning an upward trajectory in March, when it reached 5.56%, the annual rate rose to 6.14% in June and fell again to 6.03% in July. For 2026 so far, the Consumer Price Index (CPI) shows a change of 4.94%, 0.92 percentage points above the 2025 cumulative figure of 4.02%.

Performance of major divisions

The Housing, water, electricity, gas and other fuels division led the monthly increases, with a rise of 0.55% in July. Food and non‑alcoholic beverages also contributed to maintaining inflationary pressure. The Clothing and footwear division posted the lowest annual growth, 3.38%, although laundry and ironing services rose 9.38%.

Sectors with the highest price increases

Restaurants and hotels recorded the highest annual variation, 9.53%. Within this group, hot beverages for immediate consumption rose 10.01%, sodas and soft drinks in table‑service establishments advanced 10.00%, and meals prepared in restaurants increased 9.72%.

In the same division, the smallest increases were observed in hotel and hostel lodging services (6.31%) and in restaurant food payments (7.76%). The second division with the greatest rise was Health, with an 8.37% variation, driven by private medical consultations (10.85%), private dental services (10.61%) and specialist consultations (9.48%).

Contributions and reliefs to the index

The items that weighed most on Colombians' budgets were meals in table‑service and self‑service establishments, adding 0.73 percentage points to the CPI, followed by imputed rent (0.61 point) and urban transport (0.51 point). Conversely, basic foods such as rice (-0.06 point), tomato (-0.05 point) and new or used private vehicles (-0.04 point) eased inflationary pressure.

With information from El Tiempo.