Colombia Industry


Colombia: Pace of industrial production softens in July

September 16, 2015

In July, industrial production rose 0.3% over the same month of the previous year, which was a slowdown compared to the 2.3% increase recorded in June. However, the reading contrasted market expectations of a 0.5% decline. The print reflected decreases in slightly less than half of the index’s sub-categories. The automotive industry as well as the iron and steel segments registered the sharpest deteriorations.

Panelists surveyed for this month’s LatinFocus report expect that industrial production will expand 1.8% in 2015, which is down 0.1 percentage points from last month’s forecast. For 2016, the panel expects industrial production to increase 3.5%.

Author:, Economist

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Colombia Industry Chart

Colombia Industry July 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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