attractive landscape in Colombia

Colombia PMI January 2019

Colombia: Manufacturing PMI nosedives at the outset of the year

Colombia’s manufacturing sector slammed the brakes in January, on the heels of a five-month slump. The seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) dropped 3.0 points to 48.5 in January, landing below critical 50-point threshold which signaled deterioration across the manufacturing sector.

January’s reading reflected an across-the-board slowdown as demand faltered, and appeared to be driven by a fall in both new orders and output. Employment and purchasing activity, both in turn, fell. As such, backlogs were roughly steady from a month earlier. Although firms were hit by transportation and import delays, optimism hit a four-month high on upbeat short-term prospects.

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