Colombia: Industrial sector stays subdued in September
November 14, 2019
Industrial production grew 0.3% on an annual basis in September, edging up from August’s meager 0.1% expansion according to the Statistical Institute (DANE). A breakdown by industrial activity revealed that upbeat production in manufacturing of bodyworks for motor vehicles and trailers, and manufacturing of other transport equipment drove the slight improvement in September.
Annual average growth in industrial production fell to 2.2% in September, from 2.6% in August.
Author: Nicolás J. Aguilar, Economist