Colombia Industry

Colombia

Colombia: Industrial production accelerates in September

November 14, 2014

In September, industrial production (excluding coffee threshing) rose 1.3% over the same month last year, which came in above the 0.3% increase tallied in August. The reading reflected increases in 26 of the index’s 43 sub-categories. The food and beverage industry, the chemical industry, and the automobile sector made the greatest contributions to September’s expansion.

Annual average growth in industrial production picked up from 1.0% in August to 1.3% in September.

LatinFocus Consensus Forecast participants expect that industrial production will expand 2.3% in 2014, which is down 0.1 percentage points from last month’s forecast. For 2015, the panel expects industrial production to increase 3.3%, which is down 0.1 percentage points from last month’s estimate.


Author:, Economist

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Colombia Industry September 2014 0

Note: Year-on-year changes of industrial production and annual average growth rate in %.
Source: Colombia National Statistical Institute (DANE) and FocusEconomics calculations.


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