The industrial confidence indicator in Colombia fell to 7.1 in August of 2022, dropping from 9.7 in the previous month and marking the lowest since June of 2021. Sentiment deteriorated for expected production in the next three months (29.7 vs. 34.1 in July) while expectations for finished goods' stocks at the month's end rebounded (2.0 vs. -2.5). Meanwhile, manufacturers were less pessimist regarding the current level of orders (-6.3 vs. -7.6). source: Fedesarrollo
Business Confidence in Colombia averaged 0.16 points from 1980 until 2022, reaching an all time high of 20.40 points in September of 2021 and a record low of -35.80 points in April of 2020. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.
Business Confidence in Colombia is expected to be 7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Business Confidence is projected to trend around 0.00 points in 2023, according to our econometric models.