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BRAZIL: Annual Industrial Output Drops In 12 Of 15 Regions Surveyed In May

(Agencia CMA Latam) - The industrial output in Brazil fell in 12 out of 15 regions surveyed in May 2018 over the same month of the previous year, said the South American country's statistics office (IBGE). Over the previous month, the Brazilian industrial production dropped in 14 of 15 regions surveyed.

According to the IBGE, the generalized drop recorded reflects the truckers' strike that struck the country in May.

On a monthly basis, the strongest decline was recorded in Mato Grosso, -24.1%, followed by Parani (-18.4%), Bahia and Santa Catarina (both with -15.0%).

by Agencia CMA Latam

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