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Brazil’s Industrial Production Stable in July, Negative for 2016

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The industrial production in Brazil remained virtually stable in July, increasing only 0.1 percent in relation to June, the fifth consecutive increase in production, according to data from the IBGE (Brazilian Statistical Bureau). Although the country’s industrial production registers an accumulated growth of 3.7 percent from March to July, the industry’s overall results for 2016 are still negative, with a retraction of 8.7 percent in the first seven months of the year.

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