The industrial confidence indicator in Colombia rose to a 3-month high of 14.5 in May of 2022 from 10.3 in the previous month. Current volume of orders rebounded (6.6 vs -3 in April) and production expectations for the next quarter increased (35.9 vs 28.6), despite a rise in the inventory level of finished goods (-0.8 vs -5.2). source: Fedesarrollo
Business Confidence in Colombia averaged 0.11 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 July of 2022.
Business Confidence in Colombia is expected to be 8.00 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.