Industry in Colombia
Colombia - Industry
Industrial productions contracts for the first time in nine months in December
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 14 February, the industrial sector contracted for the first time in nine months in December. Industrial output fell 0.8% over the same month of the previous year in December, contrasting a 4.7% year-on-year expansion in November.
Looking at a breakdown of the industrial activities, December’s contraction was underpinned by notable declines in the production of coking, oil refining and fuel blending; cloth making; and the manufacture of soaps and detergents, perfumes and headgear preparations.
Annual average growth in industrial production remained at 2.9% in December.
Panelists surveyed for this month’s LatinFocus report expect industrial production to expand 3.1% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel expects industrial production growth to accelerate slightly to 3.2%.
Colombia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -1.8 | 1.3 | 1.8 | 3.5 | -0.6 |
Colombia Industry Chart
Source: Statistical Institute (DANE).
Colombia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 6.65 | 0.0 % | Feb 20 |
| Exchange Rate | 3,111 | -0.17 % | Feb 20 |
| Stock Market | 12,008 | -0.66 % | Feb 20 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Colombia: Consumer sentiment gains considerable ground in January, but remains in pessimistic territory
February 19, 2019
The Fedesarrollo consumer confidence index improved markedly in January, climbing to minus 2.8 points from minus 8.3 points in December.
Colombia: Industrial productions contracts for the first time in nine months in December
February 14, 2019
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 14 February, the industrial sector contracted for the first time in nine months in December.
Colombia: Exports swing to contraction in December
February 5, 2019
According to the National Department of Administrative Statistics (DANE), exports swung to contraction in December from expansion in the previous month.
Colombia: Inflation remains stable in January
February 5, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.60% over the previous month in January, following a 0.30% month-on-month upturn in December.
Colombia: Manufacturing PMI nosedives at the outset of the year
February 1, 2019
Colombia’s manufacturing sector slammed the brakes in January, on the heels of a five-month slump.
© Copyright: 2019 | Colombia Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
