RIO DE JANEIRO, BRAZIL – Brazilian industrial production registered a fall of 2.4% in March when compared to February, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday, May 5.
In comparison with the same month a year ago, however, production rose 10.5%. The expectations in a Reuters poll of economists were for a 3.5% drop in the monthly variation and a high of 7.6% annually.