Annual inflation declined to 6.03% in July, after four consecutive months of increases. As a result, it decreased by 11 bps compared to June, although it remains 93 bps above the level observed at the end of last year.

The Colombian labor market closed a solid first half of 2026. In June, the unemployment rate stood at 8.0%, the lowest for this month since 2001. However, sectoral drivers shifted, with public administration playing a less prominent role compared to other sectors.