Manufacturing Production in Brazil decreased 31.30 percent in April of 2020 over the same month in the previous year.
Manufacturing Production in Brazil averaged 1.14 percent from 1992 until 2020, reaching an all time high of 18.90 percent in December of 2009 and a record low of -31.30 percent in April of 2020. This page provides the latest reported value for - Brazil Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Manufacturing Production - values, historical data and charts - was last updated on July of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Manufacturing Production in Brazil is expected to be -3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Brazil to stand at 6.00 in 12 months time. In the long-term, the Brazil Manufacturing Production is projected to trend around 2.50 percent in 2021 and 2.90 percent in 2022, according to our econometric models.