Colombia: Economic activity decelerates in August
Latest reading: Economic activity rose 2.0% in annual terms in August, following 4.4% growth in the prior month.
Relative to the previous month’s figures, readings in August softened for agriculture (-2.0% on a year-on-year basis vs -1.7% in July), industrial (-0.6% vs +4.1% in July) and services (+3.3% vs +5.6% in July).
On a seasonally adjusted month-on-month basis, economic activity fell 2.1% in August, following 2.9% growth in the previous month.