By Richard Mann, Contributing Reporter
RIO DE JANEIRO, BRAZIL - Brazil's industrial output dropped at the strongest pace for March in two years, followed by a second quarter in contraction, in an economy that has been showing increasing signs of slowness.
In March, industrial output fell 1.3 percent compared to the previous month, phasing out a gain of 0.6 percent in February, according to data released Friday by the Brazilian Institute of Geography and Statistics (IBGE).
The result was worse than Reuters poll's expectation of a 0.7 percent decline, representing the biggest decline for the month . . .
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