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Colombia Industry February 2020

Colombia: Industrial production rises to over one-year high

Industrial production from the manufacturing sector rose 4.6% in February on an annual basis, following the 3.7% expansion logged in January and marking the highest reading since November 2018, according to the Statistical Institute (DANE).

A breakdown by industrial activity reveals that expansions in the manufacture of beverages; processed and preserved meat; and chemical products largely drove February’s upturn.

Annual average growth in industrial production edged up to 1.7% in February from 1.6% in the prior month.

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