Brazil’s Industrial Sector Has Optimistic Outlook for Future

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After 21 months of decline, Brazilian industrial production has finally stopped falling, according to the monthly survey conducted by the National Confederation of Industry (CNI) to measure industrial intentions. Data from CNI shows a more optimistic outlook for industry with the production index at 50.8 points in August, mainly due to the increase in production of large companies.

“A good portion of the large companies are exporting and do not only depend on domestic demand. In addition, in August end-of-year orders begins. Since stock is adjusted, any . . .

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