Brazil's industrial output rises by 1.3 percent in March

Monday, 14 May 2018 12:42:02 (GMT+3)   |   Istanbul
       

Brazil's national statistics agency (IBGE) has reported that in March this year industrial production in the largest Latin American country decreased by 0.1 percent compared to February and was up 1.3 percent from March 2017.

In the January-March period of this year, industrial production in Brazil was up by 3.1 percent on year-on-year basis.

According to the announcement, in March this year the production of intermediate goods manufacturers in Brazil fell by 0.7 percent, output of capital goods rose by 2.1 percent, output of consumer goods increased by 0.2 percent, production of durable consumer goods moved up by one percent and output of semi-durable and non-durable consumer goods rose by 0.2 percent, all compared to the previous month.

In March this year, Brazil's metal products output decreased by 4.8 percent and output of motor vehicles, trailers and bodies moved up by 17.6 percent, all on year-on-year basis. In the January-March period of 2018, Brazil's machine and equipment output rose by 6.3 percent, metal products output moved up by 8.1 percent and output of motor vehicles, trailers and bodies increased by 20 percent, all compared to the same period of 2017.


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