RIO DE JANEIRO, BRAZIL - São Paulo, by far Brazil's main industrial center, left behind the 4.8% fall of its production in April and had a 3.9% rise in May, according to the Regional Monthly Industrial Survey (PIM Regional), released on Thursday by the Brazilian Institute of Geography and Statistics (IBGE).
São Paulo was the main reason for the 1.4% increase in Brazilian industrial production in May, compared to April. The performance of São Paulo industry, which accounts for 34% of the national total, reflects mainly, according to the IBGE, the good performance of . . .