RIO DE JANEIRO, BRAZIL - The demand for industrial goods in the Brazilian economy dropped 1.2% in March, compared to February, according to an indicator released today, May 6th, by the Institute for Applied Economic Research (IPEA).
The IPEA Indicator of Apparent Consumption of Industrial Goods is updated monthly and measures the consumption of manufactured goods in Brazil, be they produced by local industry or imported.
According to the survey, both domestic production and imports fell in March. The domestic production of industrial goods for the domestic market fell by 3.9%. The volume of imported industrial goods dropped 0 . . .