8e555f6b29ec082f83ea357cd3bb0781a93355ac

Brazil industrial production down 4.7 pc over 12 months

Brazil's industrial production has dropped 4.7 percent over 12 months after slipping in March by 0.8 percent amid a sharp downturn in the world's seventh-largest economy, official figures showed WednesdayBrasília (AFP) – Brazil’s industrial production has dropped 4.7 percent over 12 months after slipping in March by 0.8 percent amid a sharp downturn in the world’s seventh-largest economy, official figures showed Wednesday. Brazil is enduring a fifth straight year of low growth — last year saw GDP grow by just 0.1 percent and this year is set to see a contraction of around 1.0 percent, the Central Bank and International Monetary Fund agree. “With the March 2015 result, industrial production is 11.2 percent below the record level reached in June 2013,” the national statistical institute IBGE said.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article