The seasonally adjusted Davivienda Colombia Manufacturing PMI rose to 51 in April 2019 from 48.9 in the previous month. The reading pointed to the first expansion in factory activity after contracting for three consecutive months, as new orders increased for the first time in four months amid strong demand, brand loyalty and greater client bases. Also, output advanced slightly and the job creation rate went up marginally mainly due to fulfil contract obligations, improved demand and planning ahead of new product launches. On the price front, input price inflation accelerated amid a stronger US dollar and indigenous protests. Finally, optimism was sustained due to expectations of further improvements in sales, greater efforts to lift client bases, expansion into new markets, advertising initiatives and projects in the pipeline. Manufacturing Pmi in Colombia is reported by Markit Economics.

Manufacturing Pmi in Colombia is expected to be 52.50 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
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Colombia Business Last Previous Highest Lowest Unit
Business Confidence 4.40 3.00 12.70 -15.96 Index Points [+]
Industrial Production 3.20 2.90 17.70 -22.70 percent [+]
Total Vehicle Sales 13058.00 10578.00 19788.00 2234.00 Cars [+]
Car Registrations 20170.00 18440.00 40393.00 15941.00 [+]
Leading Economic Index 2.60 2.80 9.90 -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 105.00 80.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 51.00 48.90 54.30 45.40 [+]
Cement Production 1139886.29 984963.28 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 78.59 79.56 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 -0.10 0.50 15.80 -9.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.00 48.90 54.30 45.40 2015 - 2019 Monthly

Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 49.60 May/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 50.60 May/19