Industry in Colombia
Colombia - Industry
Industrial production rises to over one-year high
Industrial production from the manufacturing sector rose 4.6% in February on an annual basis, following the 3.7% expansion logged in January and marking the highest reading since November 2018, according to the Statistical Institute (DANE).
A breakdown by industrial activity reveals that expansions in the manufacture of beverages; processed and preserved meat; and chemical products largely drove February’s upturn.
Annual average growth in industrial production edged up to 1.7% in February from 1.6% in the prior month.
Panelists surveyed for this month’s LatinFocus are still assessing recent developments and a new Consensus Forecast will be available from 21 April.
Colombia - Industry Data
|Industrial Production (annual variation in %)||2.0||4.1||-0.5||3.8||1.5|
5 years of economic forecasts for more than 30 economic indicators.
Colombia Industry Chart
Source: Statistical Institute (DANE).
|Bond Yield||6.08||0.0 %||Dec 30|
|Exchange Rate||3,287||-0.17 %||Jan 01|
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May 13, 2022
Manufacturing output rose 12.3% year-on-year in March (February: +10.6% yoy).
May 10, 2022
The Fedesarrollo consumer confidence rose to minus 17.5 in April from March's mine-month low of minus 17.8.
May 5, 2022
Consumer prices rose 1.25% in April over the previous month, accelerating from March's 1.00% increase.
May 3, 2022
Merchandise exports expanded 46.8% year-on-year in March, accelerating from February’s 43.0% increase.
May 2, 2022
The Manufacturing Purchasing Managers' Index (PMI)—produced by S&P Global and Davivienda—rose to a five-month high of 54.4 in April from March's 52.1.