This is how high inflation is projected to be in Colombia by September 2026, which will be key to the increase in the minimum wage in 2027.

The Colombian National Administrative Department of Statistics (DANE) is scheduled to release the national inflation data for September 2026 on Wednesday, October 7. Analysts surveyed by Citi anticipate that the annual inflation rate will rise to 6.33 percent. This figure is considered a critical benchmark for determining the minimum wage adjustments for the upcoming 2027 calendar year.

Separately, in Uruguay, the interannual inflation rate for September reached 4.68 percent. This figure places the country within the government's established target range of 3 to 6 percent for the sixth consecutive month, following a period where inflation had fallen below the target threshold in March.