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Brazil’s industrial production advances 0.3% in October

In Oct. 2022, the national industrial production had a positive variation of 0.3% compared to Sep. in the seasonally influenced free series.

Compared to Oct. 2021, the industry grew by 1.7%. In the year, the industry has accumulated a drop of 0.8% and, in 12 months, a retreat of 1.4%.

With these results, the industrial sector is 2.1% below the pre-pandemic level (Feb. 2020), and 18.4% below the record level reached in May 2011.

Also, in the seasonally adjusted series, with the industry losing momentum in recent months, the quarterly moving average continued . . .

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