© Reuters. Brazilian industrial production -12.4% vs. -10.3% forecast
Investing.com – Industrial production in Brazil fell unexpectedly last month, official data showed on Thursday.
In a report, Instituto Brasiliero de Geografia e Estatistica said that Brazilian Industrial Production fell to -12.4%, from -11.1% in the preceding month whose figure was revised up from -11.2%.
Analysts had expected Brazilian Industrial Production to rise to -10.3% last month.
Brazilian industrial production -12.4% vs. -10.3% forecast
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