Brazil Industrial Output Falls Less Than Forecast in January


Brazil’s industrial output fell less than forecast in January as policy makers seek signs that the country is on its way out of its biggest recession on record.

Production fell 0.1 percent in the month, compared with the median 0.4 percent decline forecast by 41 economists polled by Bloomberg. From a year earlier, industrial output expanded 1.4 percent, marking its first increase in nearly three years, the national statistics agency said Wednesday.

Read more

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Powered by

Up ↑

%d bloggers like this: