Inflation 2018: in Colombia was 3.18 %.

In 2018, inflation or cost of living for Colombians registered a variation of 3.18 % compared to 2017, approaching the Bank of the Republic’s target of 3 %.

Four groups were above the national average: education (6.38 %), health (4.33 %), housing (4.13 %) and transportation (3.73 %). The rest of the expenditure groups were below the average: food (2.43 %), other expenses (2.29 %), clothing (0.33 %), communications (0.28 %) and entertainment (-1.16 %).

In 2018, compared to 2017, the variation of basic expenses that contributed the most were: imputed rent (3.49 %), electric energy (8.82 %), lunch (3.64 %), effective rent (3.32 %), pensions (8.46 %), fuel for vehicles (7.28 %), aqueduct, sewerage and sanitation (6.56 %), bus (5.09 %), higher and non-formal education tuition (5.60 %) and other fresh fruits (12.92 %). The largest negative contributions are presented in: other dried vegetables and pulses (-22.12 %), potato (-11.03 %), panela (-16.88 %), services related to amusement (-5.48 %) and sugar (-7.08 %).

Source: Actualícese