Brazil’s industrial production grows by 0.7% from January to February

This increase made up for part of the 2.2% loss recorded in the previous month. The increase from January to February affected 16 of the 26 industries surveyed by IBGE, with the extractive industries (5.3%) and the food industry (2.4%) standing out.

RIO DE JANEIRO, BRAZIL - Brazilian industrial production rose by 0.7% from January to February this year. This increase only offset part of the 2.2% loss recorded between December and January. Data from the monthly industrial survey were released today (1) by the Brazilian Institute of Geography and Statistics (IBGE).

According to the survey, the industry also registered an increase of 0.4% in the quarter and 2.8% in the last 12 months. However, compared to February last year, there is a decrease of 4.3%. There is also a loss of 5.8% for the current year . . .

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