Industrial output falls 13.4% in first half
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Industrial production fell 13.4% in the first half of this year, compared to the same period last year, according to data released on Monday (3) by the IBGE. This drop is a historic record, according to IBGE. In the 12 months ended in June, industrial production recorded a decrease of 6.5%.
In June, industrial production rose 0.2% in June compared to May, the seasonally adjusted series. The result was within the estimates of analysts polled by State Agency, whose range was a drop of 1.30% to an expansion of 1.40%. In comparison with June last year, industrial production fell 10.9%. In comparison, the estimates show a large range of -12.70% to -10.50%. The moving average quarterly industrial production rose by 0.9% in the quarter ending in June compared to the completed in May.
Source: State Agency
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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