Industrial production in Brazil slumped by 2.7% from a year ago in April 2023, the most since January 2023, compared with market expectations of a 1.1% drop. Year-to-date, Brazilian industrial activity contracted by 1% over a year ago. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Industrial Production in Brazil averaged 1.69 percent from 1976 until 2023, reaching an all time high of 37.20 percent in April of 1991 and a record low of -27.70 percent in April of 1990. This page provides the latest reported value for - Brazil Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Industrial Production in Brazil is expected to be -2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Industrial Production is projected to trend around 2.00 percent in 2024, according to our econometric models.