Colombia’s consumer price inflation inched higher in April 2026, interrupting the recent downward trend in price growth. The country’s year-over-year CPI reached 5.68% in April, up from 5.56% in March 2026, according to data updated on 8 May 2026.
Both figures are based on a year-over-year comparison, measuring price changes in each month relative to the same month a year earlier. The move from 5.56% to 5.68% suggests that while inflation remains relatively contained compared with earlier peaks, underlying price pressures have not fully subsided and disinflation momentum may be losing steam.
The uptick in April could influence expectations around the future path of monetary policy, as markets and policymakers monitor whether this is a temporary pause in the disinflation process or the start of a more persistent inflation plateau around current levels.