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Brazil's industrial output decreases by 1.7 percent in November

Tuesday, 14 January 2020 17:49:26 (GMT+3)   |   Istanbul
       

Brazil's national statistics agency (IBGE) has reported that in November last year industrial production in the largest Latin American country decreased by 1.2 percent compared to October and fell by 1.7 percent from November 2018.

In the January-November period last year, industrial production in Brazil was down by 1.1 percent on year-on-year basis.

According to the announcement, in the given month the production of intermediate goods manufacturers in Brazil fell by 1.5 percent, output of capital and consumer goods was down by 1.3 percent, production of durable consumer goods decreased by 2.4 percent and output of semi-durable and non-durable consumer goods declined by 0.5 percent, all compared to the previous month.

In November last year, Brazil's machine and equipment output rose by two percent and output of motor vehicles, trailers and bodies was down by 2.3 percent, both on year-on-year basis. In the January-November period of 2019, Brazil's metal products output moved up by 5.1 percent and output of motor vehicles, trailers and bodies increased by 2.4 percent, all compared to the same period of 2018.


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