Brazil’s industrial production falls 0.4% in June after four months of highs

The decline in June compared to May extended to most of the industries studied in the survey. The segment of pharmaceutical chemicals and pharmaceutical products (-14.1%), which had reached a high of 5.3% in the previous two months, had the greatest impact.

Brazilian industrial production fell 0.4% in June after four consecutive months of positive figures. The last decline was recorded in January: 1.9%.

The sector has seen a decline of 2.2% in the first half of the year and 2.8% over 12 months. The data are part of the Monthly Industrial Survey (PIM) released yesterday (2) in Rio de Janeiro by the Brazilian Institute of Geography and Statistics (IBGE).

According to the study, including the June result, the sector is still 1.5% below the pre-pandemic level recorded in February 2020 and 18% below the record . . .

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