Colombia Industrial Confidence Improves

Colombia’s industrial confidence indicator rose by 2.8 percentage points to -0.1% in June 2026, marking its strongest reading since February. The improvement was driven by a 12.9 percentage point increase in production expectations for the next quarter and a 1.7 percentage point decline in inventory levels, partly offset by a 6.2 percentage point drop in current order volumes. Compared with June 2025, the industrial confidence indicator declined by 1.6 percentage points.

Colombia’s industrial confidence indicator fell by 1.0 percentage point month-over-month to -2.9% in May 2026, signaling weaker sentiment in the manufacturing sector. The decline was mainly driven by a 4.2 percentage points increase in inventory levels and a 2.1 percentage points drop in production expectations for the next quarter. These negative factors were partly offset by a 3.1 percentage points increase in current order volumes. Compared with May 2025, industrial confidence deteriorated by 9.0 percentage points.

Colombia’s industrial confidence indicator rose by 0.4 percentage points to 1.9% in April 2026 from the previous month. The increase was mainly driven by a 4.2 pp rise in production expectations for the next quarter to 19.6%. This was partially offset by a 3.0 pp decline in current order volume to -27.7% and a slight increase in stock levels to -2.5%. Compared with the same month of 2025, the industrial confidence indicator fell by 1.6 percentage points.