FX.co ★ Colombia's Industrial Confidence Rises on Inventory Decline

Colombia’s industrial confidence indicator rose to 0.9% in February 2026, an increase of 2.4 percentage points compared with January. The monthly improvement was mainly driven by a 4.7 pps reduction in inventory levels, which fell to -7.4%, and a 3.4 pps increase in current order volumes, which reached -28.6%. These gains were partially offset by a 1.0 pps decline in production expectations for the next quarter, down to 23.9%. On a year-over-year basis, the 0.2% increase in confidence was largely explained by a 7.4 pps drop in inventory levels.