Colombia March Industrial Production Up 15.1%

Colombia’s industrial output rose 15.1% year-on year in March, according to data from national statistics agency DANE. Employment in the sector was up 3.84% and sales by 15.6%. Subsectors leading the growth comprise: iron and steel and metals smelting (+60.1%), cars and autoparts (+42.9%) and non-ferrous minerals (+28.2%). These three subsectors drove growth throughout the first quarter, taking it to 15.26%, compared with the same period last year.