Rio de Janeiro – Brazilian industrial production declined 1.8% from February to March. According to the Monthly Survey of Industry, made public this Wednesday (3) by the Brazilian Institute of Geography and Statistics (IBGE), the indicator continues without a positive result in 2017 in this type of comparison.
However, production increased 1.1% in comparison to March 2016 and 0.6% year-to-date. Year-over-year, the indicator has declined 3.8%.
Fifteen of the 24 industrial activities surveyed registered a decline in production between February and March, with the sharpest drops being motor vehicles, trailers and bodies (-7.5%), pharmaceuticals (-23.8%) and coke, oil products and biofuels (-3.3%).
Among the nine sectors that increased production in March, food products stood out with 1.3%.
*Translated by Sérgio Kakitani