Industrial production in Brazil edged 0.3% higher month-over-month in May of 2022, following a 0.1% rise in April and compared to market forecasts of a 0.7% gain. Most important increases were seen for production of machines and equipment (7.5%) and motor vehicles and trailers (3.7%) while the mining sector shrank 5.6%. The industrial sector is still 1.1% lower than its pre-pandemic level in February of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Industrial Production Mom in Brazil averaged 0.13 percent from 1985 until 2022, reaching an all time high of 25.10 percent in May of 1990 and a record low of -24.40 percent in April of 1990. This page provides the latest reported value for - Brazil Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Industrial Production Mom in Brazil is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Industrial Production MoM is projected to trend around 1.00 percent in 2023, according to our econometric models.