Industry in Brazil

Brazil Industry | Economic News & Forecasts

Brazil - Industry

Industrial production rebounds in December

Industrial production rebounded in December, growing 0.2% month-on-month in seasonally-adjusted terms. The result contrasted November’s revised 0.1% contraction (previously reported: +0.2% mom).

The rebound was fragile with only one major economic category—-intermediate goods—recording growth. Among sectors, industrial output expanded in 11 of 26, with food products recording the most significant expansion.

In 2018, industrial production grew 1.1%, below 2017’s 2.5% expansion. The slowdown was driven partly by the second quarter’s truckers’ strike which disrupted economic activity.

The analysts surveyed by Met the why particular for this month’s LatinFocus Consensus Forecast see industrial production growing 3.2% in 2019, which is unchanged from last month's estimate. In 2020, industrial output is expected to grow 3.2%.

Brazil - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.1  -3.0  -8.3  -6.4  2.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Brazil Industry Chart


Brazil Industry
Note: Annual variation of industrial production in %.
Source: Brazil Institute of Geography and Statistics.

Brazil Facts

ValueChangeDate
Bond Yield9.00-0.82 %Feb 21
Exchange Rate3.77-0.13 %Feb 21
Stock Market96,932-0.11 %Feb 21

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

  • Brazil: Economic activity steady in December

    February 15, 2019

    In December, economic activity increased 0.2% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity (IBC-Br, Indice de Atividade Economica do Banco Central).

    Read more

  • Brazil: Retail sales record worst result in nearly two years in December

    February 13, 2019

    Retail sales (excluding cars and construction) fell 2.2% from the previous month in seasonally-adjusted terms in December, notably contrasting November’s revised 3.1% expansion (previously reported: +2.9% month-on-month) and the largest drop since January 2016. Declines were recorded in five of the eight categories of the index, with notably contractions in sales of other articles for personal and domestic use, and furniture and household appliances. On an annual basis, retail sales rose 0.6% in December, notably below November’s 4.5% expansion.

    Read more

  • Brazil: Inflation inches up in January

    February 8, 2019

    Consumer prices rose 0.32% in January over the previous month, accelerating from December’s 0.15% increase.

    Read more

  • Brazil: Central Bank holds SELIC rate at record-low

    February 6, 2019

    At its 5–6 February meeting, the Central Bank of Brazil’s Monetary Policy Committee (Comité de Política Monetária, COPOM) unanimously decided to keep the benchmark SELIC interest rate at its record low of 6.50%, where it has rested since the Central Bank paused its long and aggressive easing cycle in March.

    Read more

  • Brazil: Manufacturing PMI edges up in January

    February 4, 2019

    Conditions in Brazil’s manufacturing sector improved at the start of 2019.

    Read more

Search form