Colombia Inflation Cools to 4.82% in June, Lowest Since 2021

Colombia’s annual inflation rate eased to 4.82% in June 2025, down from 5.05% in May and below market expectations of 4.9%, marking the lowest level since October 2021.

The deceleration reflects continued progress in controlling price pressures, with notable slowdowns in key categories such as food (+4.31% vs. +4.71%), health (+5.20% vs. +5.34%), and housing (+5.23% vs. +5.82%).

However, modest increases were seen in transportation (+5.27% vs. +5.26%), restaurants and hotels (+7.44% vs. +7.41%), and education (+7.56% vs. +7.35%).

The data suggest that while inflation is easing, pressures remain elevated in service-related sectors.

On a monthly basis, consumer prices rose just 0.1% in June, below the 0.19% forecast and slowing from May’s 0.32% increase.

The latest figures support expectations for continued monetary policy easing by Colombia’s central bank if the disinflation trend persists.