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Colombia Industry August 2019

Colombia: Industrial sector stagnates in August

Industrial production grew a meager 0.1% year-on-year in August, down from July’s 3.5% which had marked the fastest expansion since November 2018. A breakdown by industrial activity revealed that upbeat production in manufacturing of chemicals and transport equipment was broadly offset by contractions in manufacturing of vehicles and leather products.

Annual average growth in industrial production fell to 2.5% in August, from 3.0% in July.

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