The seasonally adjusted Davivienda Colombia Manufacturing PMI decreased to 51.6 in November 2018 from 52 in the previous month. The reading pointed to the slowest expansion in factory activity since May, as new orders growth moderated for the fourth straight month, leading to a softer increase in production. Also employment was reduced for the first time since January, due to low sales and restructuring policies. In terms of prices, cost inflationary pressures linked to dollar strength and prices adjustments at vendors intensified but the overall rate of selling price inflation was at one-year low. Meanwhile, business sentiment remained robust, with optimism boosted by investment intentions, the introduction of new designs and planned expansion into international markets. Manufacturing Pmi in Colombia is reported by Markit Economics.

Manufacturing Pmi in Colombia is expected to be 51.20 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 52.30 in 12 months time. In the long-term, the Colombia Davivienda Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Colombia Davivienda Manufacturing PMI
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Colombia Business Last Previous Highest Lowest Unit
Business Confidence 1.30 3.80 12.70 -15.96 Index Points [+]
Industrial Production 2.90 4.20 17.70 -22.70 percent [+]
Total Vehicle Sales 13107.00 13983.00 19788.00 2234.00 Cars [+]
Car Registrations 21502.00 21370.00 40393.00 16740.00 [+]
Leading Economic Index 2.33 3.27 9.57 -1.50 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 100.00 90.00 140.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 51.60 52.00 54.30 45.40 [+]
Cement Production 1107100.00 1083220.00 1217290.00 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 80.23 81.29 85.30 63.90 percent [+]
Corruption Index 37.00 37.00 40.00 22.00 Points [+]
Corruption Rank 96.00 90.00 96.00 31.00 [+]
Ease of Doing Business 65.00 59.00 65.00 37.00 [+]

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
51.60 52.00 54.30 45.40 2015 - 2018 Monthly

Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.80 Nov/18
France 50.80 Nov/18
Germany 51.80 Nov/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.20 Nov/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 55.30 Nov/18