Colombia industrial production contracts for first time in six monthsStaff Writer | March 16, 2017
In January, industrial production declined 0.2% annually, which contrasted the 2.7% increase observed in December and marked the worst result since July 2016.
LatAm According to DANE:
As a result of January’s contraction, annual average growth in industrial production fell from 3.8% in December to 3.2%.
Panelists surveyed for this month’s LatinFocus report expect industrial production to expand 5.4% in 2017, which is up 0.1 percentage points from last month’s forecast.
For 2018, the panel expects industrial production to increase 3.0%. ■