Brazil’s industrial production rises 1.4% in May after three consecutive declines – IBGE

Compared to May 2020, there was a 24% growth, due to the low comparison base. The May result also allowed industrial production to return to pre-pandemic levels of February 2020.

RIO DE JANEIRO, BRAZIL - Brazilian industrial production returned to positive territory, rising 1.4% in May compared to April, according to the Monthly Industrial Survey - Physical Production (PIM-PF) released Friday by the Brazilian Institute of Geography and Statistics (IBGE).

With this rise, it interrupted a series of three consecutive monthly declines, in which it accumulated a loss of 4.7%. In April, according to revised data, the indicator declined by 1.5% (originally, the loss was 1.3%).

The May result also allowed industrial production to return to the pre-pandemic levels of February 2020, long after the recent . . .

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