In August 2023, Colombia’s National Administrative Department of Statistics (DANE) reported an 8.6% drop in industrial production compared to August 2022. Real sales also fell by 6.4%, and the workforce shrank by 2.0%. Out of 39 industrial activities surveyed, 34 showed a decline in production. These declines collectively pulled down the overall annual variation by […]
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Colombia’s Economic Growth Misses Mark in 2023
The DANE reported that Colombia’s economy grew by 0.3% in Q4 2023 and 0.6% annually, below the 0.9% to 2.0% growth analysts expected. This outcome indicates a major slowdown from the 10.8% and 7.3% growth in 2021 and 2022, respectively, moving away from the 7.2% decline seen in 2020, the pandemic’s first year. Key sectors […]
Queiroz Surges as Brazil’s Egg Production Leader
Brazil recorded a gigantic egg production in 2022. Data from the Brazilian Institute of Geography and Statistics (IBGE) show that the national industry’s supply has broken annual records since the agency’s records began in 1997. Last year, Brazil reached the production of 48 billion eggs. In São Paulo state, the small town of Queiroz distinguishes […]
