RIO DE JANEIRO, BRAZIL - Brazilian industrial production was eight percent higher in July than in June, the Brazilian Institute of Geography and Statistics (IBGE) revealed on Thursday, September 3rd, higher than expected by economists. On the year-on-year comparison, the decrease stood at three percent.
The economists' median projection compiled in the Bloomberg consensus was for an increase of 5.9 percent in the indicator in the monthly comparison, after recording an 8.9 percent increase in the preceding calculation. In the year-on-year comparison, the projection was for a six percent decline, after dropping nine percent in . . .