Colombia Inflation Hits 6.29% in September
Colombia's annual inflation rose to 6.29% in September from 6.24%, DANE reported. It is the highest since July 2024, and the central bank meets on 30 October. The post Colombia Inflation Hits 6.29% in September appeared first on The Rio Times .
Colombia's annual inflation rate increased to 6.29% in September 2026, up from 6.24% in August, according to the national statistics agency DANE. This marks the highest annual rate since July 2024 and is slightly lower than the 6.33% expected by surveyed analysts. Consumer prices rose by 0.37% in September, compared to 0.39% in August and 0.32% in September 2025.
Education and food experienced the largest monthly increases among spending groups, with food prices rising 0.78% and education expenses up 1.43%. Analysts will observe whether monthly inflation readings remain around 0.4%, with the next reading indicating if the trend persists. The central bank's target range is 2% to 4%, and the current reading exceeds the upper limit by more than two points.
The central bank's policy rate is 12.25%, a 25-basis-point increase from September 30. Following the data release, markets priced a 45% chance of no rate change at the October meeting, with a 36% probability of a 25-basis-point rise.
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