By Xiu Ying, Contributing Reporter
RIO DE JANEIRO, BRAZIL - Brazilian industry has been shrinking, according to the Annual Industrial Survey (PIA), published this Thursday, June 6th, by the Brazilian Institute of Geography and Statistics (IBGE). In terms of net sales revenue alone, the decline was 7.7 percent between 2014 and 2017.
The drop in revenue was coupled with a reduction in the number of active companies in the country's industrial sector. In 2014, there were 333 . . .
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