Colombia Industry


Colombia: Pace of industrial production slows in October

December 21, 2015

In October, industrial production rose 1.3% over the same month of the previous year, which was a deceleration compared to the revised 2.1% increase (previously reported: 2.0% year-on-year) recorded in September and marked a three-month low. The reading undershot market expectations of a 1.5% rise.

Panelists surveyed for this month’s LatinFocus report expect that industrial production will expand 4.2% in 2016, which is up 0.4 percentage points from last month’s forecast. For 2017, the panel expects industrial production to increase 3.7%.

Author:, Economist

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Colombia Industry Chart

Colombia Industry October 2015

Note: Year-on-year changes of industrial production and annual average growth rate in %.
Source: Colombia National Statistical Institute (DANE) and FocusEconomics calculations.

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