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Industrial production in Brazil fell 2.4% in March, says IBGE

RIO DE JANEIRO, BRAZIL - Brazilian industrial production registered a fall of 2.4% in March when compared to February, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday, May 5.

In comparison with the same month a year ago, however, production rose 10.5%. The expectations in a Reuters poll of economists were for a 3.5% drop in the monthly variation and a high of 7.6% annually . . .

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