No menu items!

Brazil industrial production drops 0.7% in August, more than expected

RIO DE JANEIRO, BRAZIL - Brazilian industrial production shrank 0.7% in August, compared to July, according to the Monthly Industrial Survey - Physical Production (PIM-PF), released on Tuesday by the Brazilian Institute of Geography and Statistics (IBGE).

It is the third consecutive monthly drop in the seasonally adjusted series, a period in which it accumulates a loss of 2.3%. In July, the indicator declined 1.2% in the seasonally adjusted series after revised data.

With the August result, the industry is 2.9% below the pre-pandemic level in February 2020 and 19.1% below the record level in . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content