Industrial production fell 0.6% in April compared to March on a seasonally adjusted basis after growing 1.1% last month and ending two consecutive declines. Compared to the same period last year, the industry fell 2.7%.
From January to April, industrial production fell by 1%. The result was released by IBGE (Brazilian Institute of Geography and Statistics) on Friday (June 2, 2023). Here is the full report (1 MB).
The main negative influences came from food products (-3.2%), machinery and equipment (-9.9%), and automotive vehicles, trailers, and car bodies (-4.6%).
Food products registered the 4th . . .
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