Blog BanRep | Colombian Inflation in the Global Context
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This post analyzes the post-pandemic rise in global inflation and the distinct inflationary shocks that led Colombia to pursue a more restrictive monetary policy stance than its regional peers.
Publication Date:
Wednesday, 17 de June de 2026
11:50
After a prolonged period of price stability, global inflation rose in 2021 and 2022 to unexpectedly high levels, reaching an average of 8.7% in 2022. In advanced economies, average annual consumer inflation increased from 0.7% in 2020 to 7.3% in 2022, while in emerging and developing economies it rose from 5.3% to 9.7%.
