FX.co ★ Colombia’s Annual Inflation Edges Up to 5.35% in January, Ending Deceleration Streak

Colombia’s consumer price inflation ticked higher at the start of 2026, with the year-over-year CPI reading rising to 5.35% in January, up from 5.10% in December 2025. The data, updated on 6 February 2026, mark a slight acceleration after the previous month’s lower annual rate, suggesting price pressures remain present despite recent disinflationary trends.

The figures are based on a year-over-year comparison, where the current indicator reflects price changes in January 2026 versus January a year earlier, and the previous indicator compares December 2025 with December a year before. The move from 5.10% to 5.35% indicates that, on an annual basis, prices in Colombia are now rising faster than they were at the end of 2025.

For policymakers and markets, the uptick may raise questions about how quickly inflation can be steered back toward more moderate levels. While the increase is modest, it breaks the prior pace of easing seen in December’s reading and will likely be watched closely for signs of whether January marks a blip or the start of renewed inflationary momentum.