The Industrial Confidence Index in Colombia dropped to -0.1 in February of 2017 from 1.9 in the previous month. Production expectations for the next quarter (31.6 from 33.3 in January) and current orders (-25.1 from -24.8) declined. Meantime, inventories increased (6.7 from 2.9). When adjusted for seasonal factors, industrial confidence fell by 4.6. Business Confidence in Colombia averaged 1.54 from 2009 until 2017, reaching an all time high of 12.70 in February of 2011 and a record low of -15.96 in June of 2009.
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In Colombia, the business confidence index (ICI), measures the level of optimism that business executives in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. The index also assesses the expectations regarding investment climate, export activity, capacity utilization and employment. The index varies on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides – Colombia Business Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence – actual data, historical chart and calendar of releases – was last updated on March of 2017.