Colombia’s inflation barely advances in October to 6.30% year-on-year

Colombia's inflation rises slightly in October to 6.30% year-on-year, with a monthly increase of 0.20%, and sharp increases in restaurants, hotels, and education.

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Elecciones generales del 29 de noviembre · Demócrata

The Consumer Price Index (CPI) of Colombia recorded in October a slight rise to 6.30% year-on-year, just above the 6.29% recorded in September and the 5.51% observed in the same month the previous year, according to data released this Tuesday by the National Administrative Department of Statistics (DANE).

On a monthly basis, October’s inflation stood at 0.20%, which represents a smaller increase by 17 hundredths than that of the previous month. Between January and October 2026, the CPI accumulated an advance of 5.94%, that is, two tenths more.

The monthly CPI result was conditioned, above all, by the evolution of the chapters for accommodation, water, electricity, gas and other fuels; food and non-alcoholic beverages; as well as restaurants and hotels.

The largest increases in the month-to-month comparison were recorded in leisure and culture (0.44%); in accommodation, water, electricity, gas and other fuels (0.30%); and in health services (0.26%).

In contrast, the prices of furniture, household goods and their maintenance fell by 0.03%, while those corresponding to telecommunications and education remained stable with respect to the previous month.

In the year-on-year analysis, the most notable increases were observed in restaurants and hotels (9.39%); education (7.44%); and health (7.37%). On the opposite side, clothing and footwear (3.14%); information and communication (4.47%); and leisure and culture (4.52%) showed more moderate increases.