attractive landscape in Colombia

Colombia PMI December 2019

Colombia: Manufacturing PMI ticks down in December

Business conditions in Colombia’s manufacturing sector continued to improve in December, albeit to a lesser extent than in November. The seasonally-adjusted Davivienda manufacturing Purchasing Managers’ Index ticked down to 52.4 in December from 52.9 in November, thus marking the sixth consecutive month that the index remained above the critical 50-threshold which indicates an improvement in the health of the sector.

December’s moderation largely reflected ebbing growth in new orders. Moreover, sales and production growth lost strength amid the ongoing national strikes, albeit remained solid overall. Meanwhile, business confidence remained upbeat, supported by prospects of more clients, new product designs and marketing efforts in the coming year. Consequently, firms increased their staffing levels. On the price front, input cost inflation ticked up in December amid a strong U.S. dollar, while output charge inflation slowed from November’s over two-and-a-half-year high.

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