The Davivienda Colombia Manufacturing PMI eased to 53.9 in May of 2022 from 54.4 in the previous month, as production and new orders rose softer, while the employment expansion also moderated. On top of that, there was a significant rise in input costs and the sharpest upturn in selling prices in six months. Meanwhile, lingering supply chain bottlenecks meant factories could not keep up, and the rate of backlog accumulation was steep and the second-highest in the survey history. Finally, business optimism got clouded by election uncertainty, input shortages, and soaring inflation. source: Markit Economics
Manufacturing PMI in Colombia averaged 50.66 points from 2015 until 2022, reaching an all time high of 55.50 points in September of 2021 and a record low of 27.60 points in April of 2020. This page provides - Colombia Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Davivienda Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Manufacturing PMI in Colombia is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Davivienda Manufacturing PMI is projected to trend around 50.00 points in 2023, according to our econometric models.