Colombia: Industrial production contracts in November
January 16, 2015
In November, industrial production (excluding coffee threshing) shrank 0.9% over the same month of the previous year, which came in below the flat reading tallied in October. The print reflected decreases in 24 of the index’s 43 sub-categories. Contractions in the garment, sugar, oil refining and beverages industries were mainly behind the overall decline.
Annual average growth in industrial production in November remained at October’s 1.3%.
Author: Cecilia Simkievich, Economist