Brazil's national statistics agency (IBGE) has reported that in January this year industrial production in the largest Latin American country increased by 0.9 percent compared to December and fell by 0.9 percent from January 2019.
According to the announcement, in the given month the production of intermediate goods manufacturers in Brazil rose by 0.8 percent, output of capital goods was up by 12.6 percent, production of consumer goods grew by 0.4 percent, output of durable consumer goods increased by 3.7 percent and output of semi-durable and non-durable consumer goods declined by 0.1 percent, all compared to the previous month.
In January this year, Brazil's machine and equipment output fell by 2.4 percent, while output of motor vehicles, trailers and bodies was up by 0.6 percent, both on year-on-year basis.