RIO DE JANEIRO, BRAZIL - After three months of decline, national industrial production began to grow: 0.8 percent in August compared to July.
The recovery of almost the entire cumulative loss since May was driven by the mining and quarrying industry, which grew 6.6 percent in the month, thanks to the increase in iron ore, oil and gas extraction.
Despite the increase in August, the industry shows a loss of pace compared to last year, with the cumulative index in 12 months decreasing from -1.3 percent in July to -1.7 percent. Compared to August 2018, the total . . .
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