Colombia Manufacturing Output Falls 3.7% in August; Minister Urges Investment

Colombia's manufacturing production contracted 3.7% year-on-year in August, with sales down 3.5% and 29 of 39 activities reporting declines. The contraction signals continued weakness in the industrial sector, prompting the industry minister to call for increased investment and confidence. The data underscores persistent economic softness in Colombia, though the minister's remarks suggest a policy push to revive growth.