Brazil’s Industrial Output Falls 0.1% in February, Marking Fifth Month Without Growth

Brazil’s Industrial Output Falls 0.1% in February, Marking Fifth Month Without Growth

Brazil’s industrial production declined by 0.1% in February, marking the fifth consecutive month without growth, according to data from the Brazilian Institute of Geography and Statistics (IBGE). The contraction defied expectations of a modest recovery and highlighted ongoing challenges in the country’s economic landscape. The monthly drop followed stagnation in January and three months of […]

The Brazilian Institute of Geography and Statistics (IBGE) announced, this Wednesday, the 2nd, that industrial production in Brazil fell slightly by 0.1% in February compared to January, with seasonal adjustment. This is the fifth consecutive month with no growth compared to the previous month. Click here and check out the document. + Read more Western Economy news In the first 31 days of the year, the sector showed stability, with no percentage…

Despite this, the result remains 1.1% above pre-pandemic levels, but remains 15.7% below the historic record reached in May 2011

Industrial production fell by 0.1% in February and marked the fifth straight month without growth