Brasília – Consumption of industrial goods climbed by 2.6% year-on-year in January, the Institute for Applied Economic Research (Ipea) reported this Wednesday (15). According to the institute, this is the second straight monthly increase after a protracted downtrend.
In January from December, the indicator was down 0.9%. The numbers are seasonally adjusted, meaning data are adjusted to account for variations inherent to different periods of the year.
*Translated by Gabriel Pomerancblum