• TRM (USD/COP)COP 3,237.83 +0.30% +COP 9.57Colombia's official exchange rate (Financial Superintendence), valid Nov 7 to Nov 9
  • EuroCOP 3,624.08 +0.55% +COP 19.74Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote
  • Mexican pesoCOP 173.95 +0.78% +COP 1.35Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote

Food leads price increases in 2026, with potatoes up nearly 80%

FinanceColombiaNoticias RCNAI summary
Image: Noticias RCN

October inflation stood at 6.30%, according to the figure released on November 9, in an upward trend from 5.35% in January 2026. Food posted the largest increase of the year at 8%, followed by education (7.43%), restaurants and hotels (7.4%) and household goods (6.51%). David Cubides, head of research at Banco de Occidente, said potatoes are up nearly 80%, fruit 17% and beef 14%.

In 30 seconds

  • October inflation was 6.30%, compared with 5.35% in January 2026
  • Food (8%), education (7.43%) and restaurants and hotels (7.4%) lead the year's increases
  • Potatoes are up nearly 80%, fruit 17% and beef 14%, according to Banco de Occidente
Read the full story at Noticias RCN

IASummary generated by artificial intelligence from a story by Noticias RCN. It may contain errors: the original source prevails.

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