Brazil's industrial production grew for a third straight month in July, largely led by strong increase in the output of capital goods and consumer products, preliminary data from the statistical office IBGE showed Tuesday.
Industrial production grew an unadjusted 2.5 percent year-on-year following 0.5 percent gain in June and 4.1 percent increase in May.
Capital goods production increased 8.7 percent and consumer goods output rose 4.9 percent, mainly led by an 8.1 percent jump in the manufacture of durables. Intermediate goods output rose 0.6 percent.
Compared to the previous month, production grew a seasonally adjusted 0.8 percent in July, exceeding economists' expectation for 0.5 percent gain.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.