Brazil's national statistics agency (IBGE) has reported that in October this year industrial production in the largest Latin American country increased by 0.2 percent compared to September, recording the first positive rate after three months of negative results and rose by 1.1 percent from October 2017.
In the January-October period of this year, industrial production in Brazil was up by 1.8 percent on year-on-year basis.
According to the announcement, in October this year the production of intermediate goods manufacturers in Brazil fell by 0.3 percent, output of capital goods increased by 1.5 percent, output of consumer goods was up by 0.2 percent, production of durable consumer goods advanced by 4.4 percent and output of semi-durable and non-durable consumer goods declined by 0.2 percent, all compared to the previous month.
In October this year, Brazil's metal products output increased by 2.8 percent and output of motor vehicles, trailers and bodies was up by 12.1 percent, both on year-on-year basis. In the January-October period of 2018, Brazil's machine and equipment output rose by 4.5 percent, metal products output moved up by 5.2 percent and output of motor vehicles, trailers and bodies increased by 15.8 percent, all compared to the same period of 2017.