Colombia’s industrial confidence indicator edged up by 0.4 percentage points in April 2026, reaching 1.9% compared with the previous month. The improvement was largely driven by a 4.2 percentage point increase in production expectations for the next quarter, which rose to 19.6%. This gain was partly offset by a 3.0 percentage point drop in current order volumes, down to -27.7%, and a slight uptick in inventory levels to -2.5%. On a year-on-year basis, however, the industrial confidence indicator declined by 1.6 percentage points compared with April 2025.