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Brazil agribusiness output down again in August over same month in 2020

RIO DE JANEIRO, BRAZIL - The drop reached 3.2% when compared to the same month in 2020, taking into account seasonal adjustments, and 0.4% over July. Nevertheless, the indicator accumulated a positive variation of 3.8% in the first 8 months of 2021 and should close the year with an increase over 2020.

"The gap in relation to the pre-pandemic month has been increasing. That is, agribusiness output in July 2021 was 4.7% lower than in February 2020; in August, the difference reached 5.1%," reported FGV Agro.

PIMAgro is based on data from IBGE's Monthly . . .

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