Manufacturing activity growth slows in October
Manufacturing output increased 5.3% in year-on-year terms in October, which was a deterioration from September’s 6.8% increase. Looking at the details of the release, production of beverages output rose at a faster pace in October, while manufacturing of refined petroleum products output rose at a softer rate.
Meanwhile, the trend pointed down, with the annual average growth of manufacturing production coming in at an over one-year low of 12.8% in October, down from September’s 13.3% reading.
Colombia Manufacturing Chart
Colombia Manufacturing Data
|Manufacturing Production (ann. var. %)||2.9||1.5||-8.1||16.2||10.7|