Colombia: Economic activity growth picks up pace in June
Latest reading: Economic activity growth rose to 2.9% in year-on-year terms in June from May’s 2.4% increase. The upturn came on the back of rebounds in the agriculture and industrial sectors. That said, momentum in the services sector softened.
On a seasonally adjusted monthly basis, economic activity fell at a quicker rate of 1.1% in June (May: -0.2% mom s.a.), the worst result since June 2024. Meanwhile, the trend improved, with the annual average growth of economic activity coming in at 2.3% in June, up from May’s 1.9%.