Colombia's Davivienda Manufacturing PMI rose to 54.6 in September 2026 from 54.3 in August, marking the strongest improvement in factory conditions since October 2025. Output increased for a fifth consecutive month at its fastest pace since November 2025, while new orders grew markedly, among the strongest increases recorded in the survey's history. Manufacturers substantially increased purchasing and added modestly to input inventories, while finished-goods stocks declined further as firms drew on inventories to meet stronger sales. Employment expanded for a sixth month and outstanding business was broadly unchanged. Input-cost inflation slowed to a nine-month low and selling-price inflation also eased. Supplier delivery times lengthened at the sharpest pace in three months amid earthquake-related disruptions, business closures and traffic congestion. Business confidence improved further at the end of the third quarter.