Economy

Brazil's industrial production up for fourth consecutive month

Since the beginning of the year, however, the country's industrial

Vitor Abdala reports from Agência Brasil

Published on 02/08/2016 - 11:03

Rio de Janeiro

Ortigueira (PR) - Inauguração da nova fábrica de celulose da empresa Klabin. A indústria fica em Ortigueira, no interior do Paraná (Isac Nóbrega/PR) — © Isac Nóbrega/PR

Brazil's industrial production increased 1.1% in June compared to May, the fourth consecutive month-on-month increase, the Brazilian Institute of Geography and Statistics (IBGE) reported Tuesday (Aug. 2).

Compared to June 2015, the output was 6% smaller. Declines were also seen in the cumulative figures for the year to date (-9.1%) and the past 12 months (-9.8%).

Between May and June 2016, production grew in 18 out of 24 industries. The highest increases were seen in leather goods and footwear (10.8%), automotive vehicles (8.4%) and apparel (9.8%).

Conversely, six industries saw their production decline in the period, notably beverages (-2.6%) and paper products (-2%).

Translated by Mayra Borges

Fonte: Brazil's industrial production up for fourth consecutive month

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