FX.co ★ Colombia’s Annual Inflation Ticks Up to 5.84% in May, Halting Recent Disinflation Trend

Colombia’s consumer price inflation inched higher in May 2026, with the year-over-year Consumer Price Index (CPI) reaching 5.84%, up from 5.68% in April 2026. The latest data, updated on 5 June 2026, indicate a modest re-acceleration in price growth and mark a pause in the recent disinflationary momentum.

Both the April and May readings are calculated on a year-over-year basis, comparing price levels to the same months a year earlier. The uptick from April’s 5.68% to May’s 5.84% suggests that, while inflation remains below the elevated levels seen in previous inflation peaks, underlying price pressures have not fully subsided and continue to pose a challenge for economic planning, wage negotiations, and monetary policy expectations in Colombia.