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🇵🇾 Paraguay /Economy & Trade

Colombia’s annual inflation rises to 6.24% in August 2026

From ABC Color · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Context piece
  • Colombia’s annual consumer inflation reached 6.24% in August, up from 6.03% in July and 5.10% a year earlier, the national statistics department said.
  • Housing, utilities, gas and other fuels, along with food and non-alcoholic beverages, were the main contributors to the 12-month increase.
  • The central bank has kept its interest rate at 12%, and its board will meet on Sept. 30 to decide whether to maintain or change it.

Colombia’s annual inflation continued to rise in August, reaching 6.24%, according to the National Administrative Department of Statistics, known as DANE. The figure increased by 0.21 percentage points from July and stood 1.14 points above the rate recorded in August 2025.

The 12-month result was driven mainly by housing, water, electricity, gas and other fuels, which recorded a variation of 5.74%, and food and non-alcoholic beverages, at 6.10%.

Monthly inflation reached 0.39% in August, up 0.22 percentage points from July and 0.20 points from August 2025. Recreation and culture recorded the largest monthly increase, at 0.89%.

The central bank kept interest rates at 12% in July because of inflationary pressures. July’s annual consumer price index stood at 6.03%, twice the central bank’s 3% target for the year. The bank’s board is due to meet on Sept. 30 to decide whether to keep or change rates.

In August 2026, the annual change in the consumer price index was 6.24%, that is, 1.14 percentage points higher than the figure reported for the same period of the previous year, when it was 5.10%.

· DANEColombia’s statistics department reported the annual inflation result.
About this summary

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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