The headline "*Colombia Says February Retail Sales Climb 3.2%," published at 5:03 p.m. EDT, incorrectly stated the increase in February retail sales.
The incorrect information was provided by Colombia's statistics agency.
("Colombian Retail Sales, Industrial Output Climb In February," published at 17:13 p.m. EDT, incorrectly stated the retail sales figure.
The error came from incorrect information provided by the government's statistics agency.
The correct version follows.
Colombia's retail sales and industrial output rose in February.
Retail sales increased 13.2% in February from a year earlier while industrial output climbed 2.4%, the government's statistics agency, known as DANE, said Tuesday.
The retail sales figure is in stark contrast to 2010, when retail sales rose 12.8% and were seen as a driving force of Colombia's economic expansion.
The incorrect information was provided by Colombia's statistics agency.
("Colombian Retail Sales, Industrial Output Climb In February," published at 17:13 p.m. EDT, incorrectly stated the retail sales figure.
The error came from incorrect information provided by the government's statistics agency.
The correct version follows.
Colombia's retail sales and industrial output rose in February.
Retail sales increased 13.2% in February from a year earlier while industrial output climbed 2.4%, the government's statistics agency, known as DANE, said Tuesday.
The retail sales figure is in stark contrast to 2010, when retail sales rose 12.8% and were seen as a driving force of Colombia's economic expansion.
Industrial output in 2010 rose 4.7%.
The Colombian central bank has pointed to strong consumer demand and private consumption as the backbone of the country's economic growth last year.
The Colombian central bank has pointed to strong consumer demand and private consumption as the backbone of the country's economic growth last year.
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