The seasonally adjusted Davivienda Colombia Manufacturing PMI went up to 50.9 in September 2019 from 50.3 in the previous month. New orders rose driven by higher inflows of new work, stronger demand, successful product launches and expanded client numbers. Also, output increased on the back of rising order flows, expansion into new markets and stock-building initiatives. In addition, the job creation rate accelerated to a one-year high boosted by new projects and efforts to fulfil production targets. On the price front, input cost inflation rose driven by currency depreciation while output price inflation slowed to a three-month low. Looking ahead, sentiment improved and was above its long-run average due to planned product launches, sales-boosting efforts, projects in the pipeline and expectations of better economic conditions. Manufacturing Pmi in Colombia is reported by Markit Economics.

Manufacturing Pmi in Colombia is expected to be 53.00 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 53.50 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 10.50 9.30 12.70 -15.96 Index Points [+]
Industrial Production 0.10 3.50 17.70 -22.70 percent [+]
Total Vehicle Sales 12760.00 11430.00 19788.00 2234.00 Cars [+]
Car Registrations 22874.00 19455.00 40393.00 15941.00 [+]
Leading Economic Index 3.70 2.60 9.80 -1.60 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 115.00 95.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 50.90 50.30 54.30 45.40 [+]
Cement Production 1175005.00 1118126.68 1209660.26 508774.00 Tonnes [+]
Competitiveness Index 62.73 61.63 62.73 4.04 Points [+]
Competitiveness Rank 57.00 60.00 74.00 57.00 [+]
Capacity Utilization 78.40 80.97 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 0.70 0.60 16.00 -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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 50.30 54.30 45.40 2015 - 2019 Monthly

Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19