Brazilian Industry Grows 2.6 Percent in September, Recoups Pandemic Downturn

The indicator has been growing for five months after the hikes in May (8.7%), June (9.6%), July (8.6%) and August (3.6%), the sum of which exceeds the March and April losses.

RIO DE JANEIRO, BRAZIL - Brazilian industrial production grew by 2.6 percent in September compared to August, which allowed the sector to offset losses accumulated in the worst months of the Covid-19 pandemic, the Brazilian Institute of Geography and Statistics (IBGE) reported November 4th.

The industry recovered from a 27.1 percent drop that occurred between March and April, when it reached its lowest level in history due to the distancing measures implemented to contain the spread of the novel coronavirus.

"With the September results, combined with the progress of the past four months, industrial production exceeded the pre . . .

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