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05/01/2018 - 15:50hs

Industrial output up 0.2% in November

The Brazilian Institute of Geography and Statistics (IBGE) reported that the national industry grew for the third month in a row, driven by intermediate and durable consumer goods.

Rio de Janeiro – Brazilian industrial production was up 0.2% in November from October 2017, as per the Monthly Industrial Survey released this Friday (5) by the Brazilian Institute of Geography and Statistics (IBGE). This was the third month-on-month increase, with growth reaching 0.9% over three months.

Brazil’s industrial production was also up year-on-year in November, by 4.7%, year-to-date through November, by 2.3%, and in the 12 months through November, by 2.2%.

In November from October, output went up for intermediate goods (1.4%) and durable consumer goods (2.5%_. Capital goods output remained flat, with semi- and non-durable consumer goods dropping 1.6%.

*Translated by Gabriel Pomerancblum

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