Colombia: Economic activity speeds up in November
Latest reading: Economic activity rose 3.1% in annual terms in November, following 3.0% growth in the previous month.
Relative to the prior month’s figures, the reading for services improved in November (+4.2% on a year-on-year basis vs +4.0% in October). In contrast, readings worsened for agriculture (-0.1% vs +0.4% in October) and industrial (-0.1% vs +0.8% in October).
In seasonally adjusted month-on-month terms, economic activity was down 1.1% in November, following a 0.3% increase in the prior month.