• TRM (USD/COP)COP 3,269.88 +0.99% +COP 32.05Colombia's official exchange rate (Financial Superintendence), valid Nov 10 to Nov 10
  • EuroCOP 3,659.96 +1.24% +COP 44.94Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote
  • Mexican pesoCOP 175.67 +1.48% +COP 2.56Reference: TRM crossed with the European Central Bank rate of Nov 9; not the market quote

Inflation in Colombia: Armenia leads annual price growth at 7.29% and Cartagena posts the highest monthly figure

FinanceColombiaEl TiempoAI summary
Image: El Tiempo

Dane reported that annual inflation in Colombia stood at 6.30% in October 2026, slightly above the 6.29% of September, with a monthly variation of 0.20%. By city, Armenia recorded the highest annual inflation (7.29%), followed by Santa Marta (6.88%), Pereira (6.82%) and Cali (6.68%). In the monthly figure, Cartagena led with 0.59%. Valledupar had the lowest annual variation (4.02%). The indicator remains above the Banco de la República's target range of between 2% and 4%.

In 40 seconds

  • Annual CPI inflation reached 6.30% in October 2026, compared with 6.29% in September, according to Dane.
  • Armenia was the city with the highest annual inflation (7.29%), driven by restaurants and hotels (9.27%) and housing and utilities (8.26%).
  • Cartagena had the highest monthly variation (0.59%), driven by food and non-alcoholic beverages and restaurants and hotels.
Read the full story at El Tiempo

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

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