Industrial production rises 0.8% in April compared to March, according to IBGE

Industrial production rises 0.8% in April compared to March, according to IBGE

Result is up to expectations and represents an increase of 8.9% compared to April last year

Durable goods production grew 2.8% compared to March.BBC BRAZILIndustrial production rose 0.8% in April compared to March, in the seasonally adjusted series, released the IBGE on Tuesday (5).The result came in above the 0.3% positive median, within the expectations of analysts surveyed by Broadcast Projections, who had expected a 0.9% drop to a 1.3% expansion.Compared to April 2017, production increased by 8.9%.In this comparison, without adjustment, estimates ranged from an increase of 3.5% to 9.1%, with a positive median of 7.6%.In the year, the industry was up 4.5%.Accumulated in 12 months, industry production accumulated advance of 3.9%.Capital goods industry output rose 1.4% in April from March.Compared to April 2017, the indicator showed growth of 23.2%.The data are part of the PIM-PF (Monthly Industrial Survey - Physical Production).In the year, there was a 14.0% growth in the production of capital goods.Accumulated in 12 months, the rate was positive at 10.1%.{modu...


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