Mining production in Brazil decreased 24 percent in April of 2019 over the same month in the previous year. Mining Production in Brazil averaged 2.67 percent from 2003 until 2019, reaching an all time high of 21.40 percent in January of 2010 and a record low of -24 percent in April of 2019.
Mining Production in Brazil is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Brazil to stand at 1.20 in 12 months time. In the long-term, the Brazil Mining Production is projected to trend around 1.20 percent in 2020, according to our econometric models.