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Colombia Industrial production July 2020

Colombia: Industrial output drops at a softer pace in July

Industrial production fell 8.5% in year-on-year terms in July, a softer decline than June’s 9.8% drop. The contraction remained broad-based, with 32 of 39 subsectors reporting falling output.

Meanwhile, the trend continued to deteriorate, with the annual average variation of industrial production coming in at minus 6.3%, down from June’s minus 5.3%.

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