The seasonally adjusted Davivienda Colombia Manufacturing PMI fell to 48.9 in March 2019 from 49.5 in the previous month. The reading pointed to the third consecutive month of contraction in factory activity, as new work fell at a faster pace and the job creation rate dropped to negative territory amid subdued sales and non-replacement of voluntary leavers. Meanwhile, output shrank at a softer pace. On the price front, input price inflation eased for the fourth straight month and reaching its lowest since August 2014, and output cost inflation slowed to a 16-month low as sales-boosting initiatives prevented higher fees. Finally, business sentiment was the second-highest recorded over the past six months, amid expectations of better demand, new clients, expansion of product lines, and investment in new machinery and advertising. Manufacturing Pmi in Colombia is reported by Markit Economics.

Manufacturing Pmi in Colombia is expected to be 51.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Colombia to stand at 52.50 in 12 months time. In the long-term, the Colombia Davivienda Manufacturing PMI is projected to trend around 53.00 in 2020, according to our econometric models.

Colombia Davivienda Manufacturing PMI
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Colombia Business Last Previous Highest Lowest Unit
Business Confidence 5.10 6.30 12.70 -15.96 Index Points [+]
Industrial Production 2.80 3.00 17.70 -22.70 percent [+]
Total Vehicle Sales 10578.00 10361.00 19788.00 2234.00 Cars [+]
Car Registrations 26245.00 21496.00 40393.00 16399.00 [+]
Leading Economic Index 2.20 1.10 9.80 -1.70 percent [+]
Internet Speed 5523.06 5397.03 5523.06 572.73 KBps [+]
IP Addresses 5185338.00 5082089.00 7795504.00 880124.00 IP [+]
Steel Production 80.00 90.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 48.90 49.50 54.30 45.40 [+]
Cement Production 984963.00 927632.55 1209660.26 508774.00 Tonnes [+]
Competitiveness Index 61.63 61.52 61.63 4.04 Points [+]
Competitiveness Rank 60.00 57.00 74.00 57.00 [+]
Capacity Utilization 79.56 79.69 85.30 63.90 percent [+]
Corruption Index 36.00 37.00 40.00 22.00 Points [+]
Corruption Rank 99.00 96.00 99.00 31.00 [+]
Ease of Doing Business 65.00 59.00 65.00 37.00 [+]
Industrial Production Mom 0.40 3.20 15.60 -9.10 percent [+]

Colombia Davivienda Manufacturing PMI

The Colombia Manufacturing PMI is based on data compiled from replies to questionnaires sent to purchasing managers in a panel of around 350 manufacturers. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. Survey responses are collected mid-month and denote the direction of change compared with the previous month. A diffusion index is calculated for each survey indicator. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase and below 50 an overall decrease. The diffusion indices are then seasonally adjusted using an in-house method developed by IHS Markit. The Purchasing Managers’ Index (PMI) is a weighted average of the following five diffusion indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Colombia Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Davivienda Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.90 49.50 54.30 45.40 2015 - 2019 Monthly

Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19