FX.co ★ Colombia Inflation Rises to 4.9% in July, Beating Forecasts

In July 2025, Colombia's annual inflation rate ascended to 4.9%, up from 4.82% in June, surpassing market projections of 4.81%. This rise was primarily driven by significant increases in the costs of food (+4.94% compared to +4.31%), health (+5.36% compared to +5.20%), transportation (+5.36% compared to +5.27%), and restaurant and hotel services (+7.59% compared to +7.44%). Conversely, the growth in housing expenses moderated (+4.95% compared to +5.23%), while education prices saw a steady annual increment of 7.56%. On a monthly scale, consumer prices rose by 0.28% in July, surpassing the anticipated 0.19% yet decelerating from the 0.31% increase witnessed in June.