Davivienda Sponsors New PMI™ Survey for Colombia, Compiled by IHS Markit
Colombia is the 42nd country covered by the global PMI series from IHS Markit
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Davivienda, Colombia’s third-largest bank, is the sponsor of the new PMI™ (Purchasing Managers’ Index™) manufacturing survey for Colombia. The first Davivienda Colombia Manufacturing PMI™ survey report was issued today.
Andrés Langebaek, Executive Director of Economic Studies of Davivienda said:
"We are very happy to be able to deliver this economic report to Colombians and become a benchmark for consulting the economic development of the country's manufacturing sector which, along with the other studies that are produced monthly by our area of economic research, will help in the decision making of our clients and investors and of course the sector."
The PMI series produced by IHS Markit is one of the most closely-watched signals of business activity and is valued worldwide by central banks, financial markets and business decision makers for providing timely and often unique monthly indicators of economic trends. The indexes are based on monthly surveys of more than 28,000 senior business executives to quantify variables such as output, new orders, employment, stocks and prices.
Luke Thompson, managing director, global head of PMI at IHS Markit said:
“Our commitment to delivering accurate and timely economic indicators in new territories around the world is highlighted in today’s launch of Colombia’s first ever PMI survey – a series that will quickly become the barometer against which the performance of the nation’s manufacturing sector is monitored. We are delighted to be partnering with Davivienda to bring this critical new dataset to market and adding to our survey coverage in Latin America."
The Davivienda Colombia Manufacturing PMI will be released at 10:00 COT on the first working day of each month. Provisional release dates for the remainder of 2018 are as follows:
Colombia marks the 42nd country covered by the global PMI series from IHS Markit.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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Purchasing Managers’ IndexTM (PMITM) surveys are now available for over 40 countries and also for key regions including the eurozone. They are the most closely-watched business surveys in the world, favoured by central banks, financial markets and business decision makers for their ability to provide up-to-date, accurate and often unique monthly indicators of economic trends. To learn more go to https://ihsmarkit.com/products/pmi.html.