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After 4 months high, Brazilian factories’ production falls in September

After a four-month upward trend, the production of Brazilian factories fell in September.

This is according to the industrial survey released Tuesday, Oct. 18, by the National Confederation of Industry (CNI).

On a scale where values below 50 points mean retreat, the index stood at 49 points last month.

According to the company, the result was the worst of the September months since 2019.

In August, the production indicator had stood at 54.5 points, indicating growth this month.

Installed capacity utilization (UCI) in the sector also fell from 73% in August to 72% in September, marking the first . . .

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