Brazil's industrial output up four percent in July

Thursday, 06 September 2018 17:30:11 (GMT+3)   |   Istanbul
       

Brazil's national statistics agency (IBGE) has reported that in July this year industrial production in the largest Latin American country decreased by 0.2 percent compared to June and was up by four percent from July 2017.

In the January-July period of this year, industrial production in Brazil was up by 2.5 percent on year-on-year basis.

According to the announcement, in July this year the production of intermediate goods manufacturers in Brazil rose by one percent, output of capital goods decreased by 6.2 percent, output of consumer goods was down by 1.2 percent, production of durable consumer goods declined by 0.4 percent and output of semi-durable and non-durable consumer goods fell by 0.5 percent, all compared to the previous month.

In July this year, Brazil's metal products output increased by 4.8 percent and output of motor vehicles, trailers and bodies was up by 21 percent, all on year-on-year basis. In the January-July period of 2018, Brazil's machine and equipment output rose by 4.7 percent, metal products output moved up by 5.7 percent and output of motor vehicles, trailers and bodies increased by 18.7 percent, all compared to the same period of 2017.


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