Brazil industrial output in December declined 0.7 percent, month-on-month, and 11.9 percent, year-on-year, according to the latest figures released by the nation’s Institute of Geography and Statistics, IBGE.
According to IBGE, accumulated industrial output in 2015 diminished 8.3 percent, year-on-year, as all of the nation’s four major economic categories experienced a decline in terms of industrial output.
As for December last year, output in the capital goods declined by 31.9 percent, year-on-year. Production in the durable consumer goods, intermediate goods and semi and non-durable goods declined by 24.7, 11.4 and 4.2 percent, respectively.
For the whole year of 2015, output at the capital goods, durable consumer goods, intermediate goods and semi and non-durable goods declined by 25.5, 18.7, 5.2 and 6.7 percent, respectively, year-on-year.