attractive landscape in Colombia

Colombia PMI October 2019

Colombia: Manufacturing PMI edges up in October

Business conditions in Colombia’s manufacturing sector continued to improve in September. The seasonally-adjusted Davivienda manufacturing Purchasing Managers Index inched up from 50.9 in September to 51.1 in October, thus marking the fourth consecutive month that the index remains above the critical 50-threshold separating expansion from contraction.

Producers raised their output in October in light of increased new orders, which, in turn, led to a higher accumulation of backlogs of work. Firms responded by rising employment at the fastest pace in 11-months. On the price front, input cost inflation reached a 32-month high amid a sharp weakening of the peso, prompting producers to increase output prices to the greatest extent since February. All said, confidence remained above its long-run average as prospects of higher production in the coming months supported optimism.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest