Industrial production in Brazil increased by 0.3% year-on-year in June 2023, in line with market expectations, slowing from a 1.9% rise in the prior month, which was the strongest since June 2021. Year-to-date, Brazilian industrial activity shrank by 0.3% 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 August of 2023.
Industrial Production in Brazil is expected to be 1.90 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.