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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ColombiaColombia Cement Production YoY climbed to 7.1% in April 2026
FMPMonthlyReleased May 2026
Colombia Cement Production YoY climbed to 7.1% in April 2026, released May 2026, up 3.3% from March's 3.8% reading. The print exceeded the 1.0% consensus by 6.1%. Cement Production YoY has now risen for 3 consecutive months. Over the past 3 months, Cement Production YoY averaged 2.55%, vs 3.17% in the prior 3-month window. Cement Production YoY is now the highest in 6 months.
Latest Release
7.1
Actual
1
Consensus
3.8
Previous
Median Absolute Error
±1.9 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 0
Actual: 7.1
Error: -7.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.62 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.46 | FOREX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| GBP/USD | ▲ Direct | +0.38 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Cement Production YoY (Colombia) was reported at 7.1% in May 2026. This beat the market consensus of 1% by 6.1%. The reading rose from the previous value of 3.8%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 4.61%, ranging from 1.1% to 9.9% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 3.83%, down from the prior three at 4.07%. Volatility over the past year (σ 2.7%) is lower than the prior year (σ 19.35%). In May readings over the past 3 years, Cement Production YoY has averaged 0.93%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 1.9%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Cement Production YoY - CO
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About Cement Production YoY — Colombia
DEFINITION
Cement Production YoY is a financial indicator that measures the year-over-year change in the amount of cement produced by a country or region. This indicator is used to assess the growth or decline of the construction industry, as cement is a key component in building projects. It is also a reflection of the overall economic health and development of a country, as increased cement production is often associated with increased infrastructure and development. Investors and policymakers use this indicator to make informed decisions about the state of the economy and potential investment opportunities.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 7.1 %, consensus 1 %. Prior reading (Mar 2026): 3.8 %. Before that (Feb 2026): 1.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.62) — a useful reference for commodities-focused traders.
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EXPECTED ZONE
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