Colombia: Industrial production rebounds softly in July
September 15, 2014
In July, industrial production (excluding coffee threshing) rose 1.6% over the same month last year, which contrasted the 0.5% drop tallied in June. Nevertheless, the expansion came in below the 2.2% rise that market analysts had expected. The reading reflects increases in 28 of the index’s 44 sub-categories. The automotive industry, sugar milling and the clothing industry made the greatest contributions to the expansion.
Annual average variation in industrial production inched up from 0.7% in June to 0.8% in July.