Banco de la República has held its benchmark monetary policy rate unchanged and lowered its official 2027 national economic growth forecast to 1.7%. The Board of Directors voted by majority to maintain the interest rate at 12.25%.

Grupo Cibest reported Colombian monthly food inflation was 0.38% in October 2026. Annual food inflation for the period stood at 7.57%.

Across the region, Banco Central de Venezuela recorded October 2026 monthly consumer inflation at 6.2%, the lowest rate in 24 months. Banco de México voted 3-2 on 6 November to reduce its benchmark interest rate from 6.50% to 6.25%.