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Brazil industry rises 0.8% in August, ending four consecutive months of no growth

From agenciadenoticias.ibge.gov.br

The industrial sector grew 0.8% in August compared to July, interrupting the predominantly negative performance seen since April, when it accumulated a 1.2% loss. With this result, industrial production is 2.9% above its pre-pandemic level (February 2020), but still 14.4% below the record level reached in May 2011. Compared to August 2024, industrial production fell 0.7%. Year-to-date, compared to the same period of the previous year, the industrial sector advanced 0.9%, and, in 12 months, 1.6%. The quarterly moving average rose 0.3% in the quarter ended in August, compared to the level of the previous month, after ... (full story)

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