New data Cement Production YoY (Oct)
11/29/2024
actual -6.4, previous -12
The event is "Cement Production YoY (Year-over-Year) for October" in Colombia. The actual percentage change in cement production compared to the same month last year is -6.4%. This indicates a decrease in cement production compared to the previous year.The previous value was -12%, and the estimate was -9%, so the actual result of -6.4% is better than both the previous and estimated values.
This event is considered to have a low impact on the market, as it provides insight into the performance of the cement industry in Colombia but may not significantly affect broader economic trends.
Overall, the data suggests a smaller decline in cement production than expected, which could be interpreted as a positive sign for the industry.
This is not investment advice. Remember to verify the information provided here.
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