Brazil’s industry up 1.2% in November: IBGE
São Paulo – Brazil’s industrial output climbed for the seventh month in a row, up 1.2% in November from October 2020. But year to date through November, it was down by 5.5%. In the twelve months through November, it declined by 5.2%. Despite the recent positive outcomes, industrial output is down 13.9% from the peak in May 2011.
Figures from the Monthly Industrial Survey made public on Friday (8) in Rio de Janeiro by statistic agency IBGE shows that the industry was up 2.8% from November 2019.
Via Brazil-Arab News Agency