Industrial production in Brazil shrank by 0.6% from the previous month in April 2023, compared with market forecasts of a 0.2% decrease and following a 1.1% rise in the prior month. Output declined in 16 of the 25 industrial branches, with the most significant negative influences coming from food products (-3.2%), machinery and equipment (-9.9%) and motor vehicles, trailers and bodies (-4.6%). Production also fell for computer equipment, electronic and optical products (-9.4%); extractive industries (-1.1%); beverages (-3.6%); metal products (-3.3%); other transport equipment (-5.2%) and electric machines, appliances and material (-2.9%). On a yearly basis, industrial production slumped by 2.7% in April, the most since January 2022, 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 Mom in Brazil averaged 0.12 percent from 1985 until 2023, reaching an all time high of 25.10 percent in May of 1990 and a record low of -24.40 percent in April of 1990. This page provides the latest reported value for - Brazil Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Industrial Production Mom in Brazil is expected to be 0.30 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 MoM is projected to trend around 1.00 percent in 2024, according to our econometric models.

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Brazil Industrial Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-05-10 12:00 PM Mar 1.1% -0.2% 0.8% 0.1%
2023-06-02 12:00 PM Apr -0.6% 1.1% -0.2% -0.7%
2023-07-04 12:00 PM May -0.6%


Related Last Previous Unit Reference
Industrial Production Mom -0.60 1.10 percent Apr 2023
Industrial Production -2.70 0.90 percent Apr 2023
Manufacturing Production 0.50 -3.70 percent Mar 2023
Changes in Inventories 59766.43 -103661.05 BRL Million Mar 2023
Mining Production 3.30 5.10 percent Mar 2023

Brazil Industrial Production MoM
In Brazil, industrial production measures the output of businesses integrated in industrial sector of the economy, such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
-0.60 1.10 25.10 -24.40 1985 - 2023 percent Monthly

News Stream
Brazil Industrial Output Falls More than Expected
Industrial production in Brazil shrank by 0.6% from the previous month in April 2023, compared with market forecasts of a 0.2% decrease and following a 1.1% rise in the prior month. Output declined in 16 of the 25 industrial branches, with the most significant negative influences coming from food products (-3.2%), machinery and equipment (-9.9%) and motor vehicles, trailers and bodies (-4.6%). Production also fell for computer equipment, electronic and optical products (-9.4%); extractive industries (-1.1%); beverages (-3.6%); metal products (-3.3%); other transport equipment (-5.2%) and electric machines, appliances and material (-2.9%). On a yearly basis, industrial production slumped by 2.7% in April, the most since January 2022, compared with market expectations of a 1.1% drop. Year-to-date, Brazilian industrial activity contracted by 1% over a year ago.
2023-06-02
Brazil Industrial Output Rebounds More than Expected
Industrial production in Brazil rose by 1.1% from the previous month in March 2023, compared with market forecasts of a 0.8% increase and following a 0.2% fall in the prior month. It marks the first increase in industrial activity after two straight months of drops, with 16 out of 26 industrial branches recording growth. Among activities, the most important positive influences came from coke, petroleum products and biofuels (1.7% vs 0.5% in February); machinery and equipment (5.1% vs -0.7%) and computer equipment, electronic and optical products (6.7%), On a yearly basis, industrial production went up by 0.9% in March, after a 2.4% slump in the prior month and beating market forecasts of a 0.4% rise. Year-to-date, Brazilian industrial activity shrank 0.4%.
2023-05-10
Brazil Industrial Output Falls for 3rd Month
Industrial production in Brazil shrank by 0.2% from the previous month in February of 2023, compared with market forecasts of a 0.1% fall and following a 0.3% drop in the prior month. It marks the third straight month of contraction in Brazil's industrial activity, with 9 out of 26 industrial branches recording declines. The main negative contributors were food products (-1.1%), chemical products (-1.8%) and pharmaceuticals (-4.5%), with the first registering the second month of declines. Output also fell significantly for electrical machines, apparatus and electrical equipment (-3.5%) and metal products (-1.4%). On the other hand, production increased sharply for mining products (+4.6%) and beverages (+3.6%), among others. On a yearly basis, industrial production slumped by 2.4% in February, the most in a year, while markets had expected a smaller 1.9% fall. Considering the first two months of the year, industrial output decreased by 1.1% over a year ago.
2023-04-19