Colombia: Economic activity accelerates in February
Latest reading: Economic activity was up 1.6% in annual terms in February, following a 1.4% increase in the prior month.
Relative to the prior month’s figures, readings in February improved for agriculture (-2.1% on a year-on-year basis vs -2.6% in January) and industrial (+0.4% vs -1.0% in January). In contrast, the reading for services worsened in February (+2.5% vs +2.6% in January).
On a seasonally adjusted month-on-month basis, economic activity rose 0.5% in February, following a 0.1% fall in the prior month.