RIO DE JANEIRO, BRAZIL - Brazil's industry's production fell 0.3 percent in July, compared to June, accumulating -1.7 percent in the year.
It is the third negative month in a row, following declines in May and June. Compared to July 2018, the result was -2.5 percent and, in 12 months, -1.3 percent. The results are from the Monthly Industrial Survey, released today by the IBGE.
Despite being the third consecutive negative result, the July profile was different from that observed in May and June, explains the survey manager, André Macedo: "Before, the retreat profile was . . .