The 4.7 percent growth in industrial production and 6.6 percent in sales between January and May, confirms the momentum by passing the Colombian economy, which shows a favorable performance in several of its indicators.

This was said Minister of Commerce, Industry and Tourism Luis Guillermo Plata, the results of the Survey of Industrial Opinion (EOIC), which were revealed by Andi and realize higher levels of production and sales, as an increase in installed capacity.

The production performance is in line with the positive results of economic growth and investment in the first quarter at rates ranging from 4.4 percent and 8 percent respectively.

The industrial production growth was, according to Silver, the expansion observed in almost all sectors reporting a favorable climate for business.

This result confirms some projections indicate that the Colombian economy will grow at a faster pace than expected, without generating inflationary pressures, said Plata. In this way, he said, shows the recovery in demand is also reflected in the growth of total consumption.

According to Silver, that strengthening the economy is confirmed by the increased confidence of consumers and producers, as well as the dynamism of a number of leading indicators and the soundness of the financial system.

The dynamics of these indicators also respond to the global economic outlook has led the International Monetary Fund revised upward its forecast for 2010 growth to 4.6%, nearly half a percentage point above its previous projection.