Colombian industry continues to recover | Economy

The National Association of Businessmen of Colombia (Andi) badured that the latest survey of the Common Industrial Opinion (Eoic) presented favorable outlook reflecting positive growth in production and total sales and sales to the domestic market in the first five years. month of the year

Read: (Improvement of indicators of continuing industry.)

Similarly, the other variables of the survey reflect a better dynamics of the sector manufacturing, the use of installed capacity continues to recover from previous years, with levels above the historical average. Orders are in a good level and in the business climate a more encouraging panorama is perceived, according to the survey of the National Association of Businessmen of the United States. Colombia.

PRODUCTION AND SALES

According to the results of the Joint Industrial Opinion Survey (Eoic), and I have done with Acicam, Acoplásticos, Andigraf and Camacol, in the period January-May 2018 , compared with the same period of 2017, production rose 2.2%, total sales 2.9% and, in These domestic market sales increased 2.4%. During the previous year, these rates were -0.7%, -1.4% and -2.3%, respectively. If we exclude the refining sub-sector, the growth of the industry is respectively 1.7%, 2.4% and 1.1%.

EXCHANGE COVERAGE

One of the problems reported by the businessmen One of the difficulties in the normal development of business has been the volatility of the exchange rate. Therefore, in this survey a special module was introduced on this aspect. As a first step, the exposure of companies to the variability in the value of badets, liabilities or income in real terms was discussed because of exchange rate fluctuations. It was found that 74.7% of respondents said that companies are exposed and that 25.3% is not affected by the change in the exchange rate.