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Colombia’s annual inflation rate edged down to 5.29% in February 2026 from 5.35% in January, coming in below market expectations of 5.49%. Despite this slight decline, inflation remained well above the central bank’s 3% target after a brief period of moderation.
Price growth accelerated in several key categories, including food and non-alcoholic beverages (5.84% vs. 5.11% in January), furnishings (4.73% vs. 4.12%), and healthcare (7.82% vs. 7.38%). By contrast, inflation eased in housing (3.85% vs. 4.59%), clothing and footwear (2.61% vs. 2.45%), recreation and culture (1.68% vs. 2.54%), and transport (5.27% vs. 5.79%).
Inflation also gained momentum in information and communication, restaurants and hotels, and miscellaneous goods and services, while education inflation was unchanged at 7.44%. On a monthly basis, consumer prices rose 1.08% in February, following a 1.18% increase in January, indicating a still-elevated but slightly slower pace of price growth.