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Colombia Industrial production June 2020

Colombia: Decline in industrial activity softens markedly in June

Industrial production fell 9.9% in year-on-year terms in June, which was significantly softer than May’s 26.3% plunge. Nonetheless, the contraction remained widespread as drops were recorded across 30 out of 39 subsectors.

Meanwhile, the annual average variation of industrial production continued to deteriorate, coming in at minus 5.3%, down from May’s minus 4.6%.

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