attractive landscape in Colombia

Colombia PMI July 2022

Colombia: Manufacturing PMI records worst reading since June 2021 in July

The S&P Global Manufacturing Purchasing Managers’ Index (PMI) came in at 49.5 in July, down from June’s 55.7—the second-best reading on record. July’s result marked the worst performance since June 2021, with the index dropping below the 50.0 no-change threshold, signaling a deterioration in business conditions from the previous month.

The decrease in the manufacturing PMI was due to contractions in output and new orders—the first in more than a year. An acceleration in input costs and uncertainty surrounding the policies of the new president Gustavo Petro weighed on new orders. This, in turn, led to a fall in output, employment and input stocks—the first such contractions in more than a year. Meanwhile, business confidence weakened from June due to political uncertainty, currency fluctuations and inflation expectations.

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