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By Ben Tavener, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s industry sector grew 2.5 percent in November 2012 as compared to the previous month, according to a survey released by the Brazilian National Confederation of Industry (CNI). The news is particularly welcome, given that activity in the previous two months had been in negative territory.

Analysts from the CNI say that this “robust” growth should give cause for optimism for a positive outlook regarding overall 2012 figures; they say the news represents evidence of a “steady recovery” for Brazilian Subscribe to our Premium Membership Plan. Already Subscribed?