Colombia: Industrial production slows in October
December 16, 2016
In October, industrial production rose a meager 0.4% annually, down from September’s healthy 3.9% increase. According to DANE, October’s reading reflected increases in 15 out of the 39 components of the industrial production index. The coking and oil refining category largely drove October’s slowdown.
Given October’s more modest expansion, annual average growth in industrial production edged down from 4.2% in September to 4.0%.
Author: Luis Lopez Vivas, Economist