Colombia’s annual consumer price inflation reached 6.30 percent in October 2026, marking three consecutive months of upward pressure and staying above the 5.51 percent rate recorded twelve months prior, according to data released by the Departamento Administrativo Nacional de Estadística (Dane).
Consumer Price Index Reaches 6.30% in October
- The annual consumer price index reached 6.30% in October, up from 5.51% in October 2025 and 6.29% in September.
- Restaurants, hotels, education, and health registered annual price variations higher than the national average.
- During the last 12 months, five sectors grew above the national average of 6.30%.
Monthly and Annual Price Variations Show Increases
According to the Dane report, the monthly variation of the consumer price index stood at 0.20 percent during October, compared to 0.18 percent in October 2025. Meanwhile, the year-to-date indicator covering January through October registered an accumulation of 5.94 percent, compared to 4.74 percent in the same period of 2025.
#IPC | En octubre de 2026, el Índice de Precios al Consumidor registró una variación anual del 6,30%, mientras que la variación mensual fue de 0,20% y la variación año corrido fue 5,94%. 🔎Consulta los resultados completos aquí: https://t.co/APlX5DILDp pic.twitter.com/zDHzSWFYEk
The latest expectations survey compiled by Citi showed that out of 21 surveyed entities, 20 predicted a higher headline figure, with a consensus target pointing to 6.38 percent. Only Asobancaria anticipated a deceleration to 6.25 percent.
Among institutions projecting the closer figures, Skandia and Positiva estimated the annual index at 6.30 percent. On the upper end of estimates, Alianza and Colfondos projected increases of 6.38 percent and 6.39 percent respectively, while entities like BBVA and BTG Pactual forecasted a rise to 6.41 percent.
#Colombia | El DANE reveló que la inflación anual se ubicó en 6,30 % en octubre, registrando una tendencia al alza por tercer mes consecutivo. La cifra representa un incremento frente al 5,51 % reportado en el mismo mes del año anterior pic.twitter.com/Nz2LpWjd9j
Drivers of the Consumer Price Index
The acceleration was led by specific domestic sectors posting annual variations above the national average. Restaurants and hotels recorded the highest annual increase at 9.39 percent, followed by education at 7.44 percent, health at 7.37 percent, and food and non-alcoholic beverages at 7.31 percent.
Additional sector data reported by the Dane showed that furnishings and household equipment rose by 6.60 percent, while alcoholic beverages and tobacco grew 5.84 percent. Housing and utilities registered a 5.62 percent increase.
#ATENCIÓN | DANE: La inflación en octubre de 2026 fue de 6,30 %. Estaba en 5,51 % en el mismo mes de 2025. pic.twitter.com/j4xI5K983u
Conversely, sectors with the smallest annual increments included apparel and footwear at 3.14 percent, information and communication at 4.47 percent, recreation and culture at 4.52 percent, transport at 5.19 percent, and miscellaneous goods and services at 5.37 percent.
Specific Product Pressures
The Dane reported that the price of potatoes surged 98.00 percent compared to the previous year, while Pulzo noted an 8.25 percent increase for the tuber in October due to weather and production cycles.
Other sharp annual increases included co-ownership services at 17.14 percent, fresh fruit at 15.90 percent, and beef at 13.31 percent. On the other hand, notable price reliefs came from carrots, which declined 39.58 percent, and sweets and chocolates, which fell 18.09 percent.
| Sector / Product | Annual Variation |
|---|---|
| Potatoes | +98.00% |
| Restaurantes y Hoteles | +9.39% |
| Educación | +7.44% |
| Salud | +7.37% |
| Alimentos y Bebidas No Alcohólicas | +7.31% |
Inflation Rates Vary by Income and Location
Data highlighted by the Dane indicated that vulnerable households experienced the highest annual inflation at 6.39 percent, followed by populations in poverty at 6.34 percent.
Middle-income families recorded a 6.32 percent inflation rate, while high-income households experienced the lowest variation at 6.20 percent. Geographically, the Dane reported that Armenia registered the highest annual inflation among cities at 7.29 percent, followed by Riohacha at 4.47 percent, Pasto at 5.40 percent, Montería at 5.41 percent, and Barranquilla at 5.42 percent.
The Dane also noted that Cartagena recorded the highest monthly variation in October at 0.59 percent, driven largely by food and accommodation services. Meanwhile, Valledupar registered the lowest year-to-date index at 3.75 percent, followed by cities such as Bucaramanga at 6.69 percent, Ibagué at 6.65 percent, Medellín at 6.57 percent, and Villavicencio at 6.51 percent.
