Industrial production in Brazil shrank 2.4 percent month-over-month in March of 2021, following an upwardly revised 1.0 percent drop in February and less than market expectations of a 3.5 percent fall. It was the steepest contraction since April of last year, amid the deadliest month in the country since the onset of the pandemic. Main downward pressure came from the auto industry (-8.4 percent), which has accumulated a loss of 15.8 percent in three straight months of declines; followed by wearing apparel & accessories (-14.1 percent); manufacture of other chemical products (-4.3 percent); manufacturing of pharmaceuticals (-9.4 percent); and production of leather, footwear & travel accessories (-11.2 percent). Year-on-year, industrial output advanced 10.5 percent, the highest jump since June of 2010, after a downwardly revised 0.3 percent rise in the previous month and beat estimates of a 7.6 percent gain. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Industrial Production Mom in Brazil averaged 0.14 percent from 1985 until 2021, 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 May of 2021.

Industrial Production Mom in Brazil is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Brazil to stand at 0.80 in 12 months time. In the long-term, the Brazil Industrial Production MoM is projected to trend around 1.10 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Brazil Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -1.00 25.10 -24.40 1985 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-02 12:00 PM Dec 0.9% 1.1% 0.2% 0.6%
2021-03-05 12:00 PM Jan 0.4% 0.8% 0.4% 0.6%
2021-04-01 12:00 PM Feb -0.7% 0.4% 0.4% 0.7%
2021-05-05 12:00 PM Mar -2.4% -1.0% -3.5% -2.5%
2021-06-02 12:00 PM Apr -2.4%
2021-07-02 12:00 PM May
2021-08-03 12:00 PM Jun
2021-09-02 12:00 PM Jul


News Stream
Brazil Industrial Output Shrinks Less than Expected
Industrial production in Brazil shrank 2.4 percent month-over-month in March of 2021, following an upwardly revised 1.0 percent drop in February and less than market expectations of a 3.5 percent fall. It was the steepest contraction since April of last year, amid the deadliest month in the country since the onset of the pandemic. Main downward pressure came from the auto industry (-8.4 percent), which has accumulated a loss of 15.8 percent in three straight months of declines; followed by wearing apparel & accessories (-14.1 percent); manufacture of other chemical products (-4.3 percent); manufacturing of pharmaceuticals (-9.4 percent); and production of leather, footwear & travel accessories (-11.2 percent). Year-on-year, industrial output advanced 10.5 percent, the highest jump since June of 2010, after a downwardly revised 0.3 percent rise in the previous month and beat estimates of a 7.6 percent gain.
2021-05-05
Brazil Industrial Output Shrinks After 9-Month Rally
Industrial production in Brazil went down 0.7 percent month-over-month in February of 2021, following a 0.4 percent increase in January and missing market expectations of a 0.4 percent growth. It was the first month of contraction since April of last year, interrupting a 41.9 percent growth accumulated during those months. Main downward pressure came from extractive industries (-4.7 percent); auto manufacturing (-7.2 percent); textiles (-9.0 percent); and manufacture of metal products (-4.1 percent). Year-on-year, industrial output advanced 0.4 percent, following an upwardly revised 2.3 percent rise in the previous month but also below market consensus of 2.2 percent.
2021-04-01
Brazil Industrial Output Rises for 9th Month
Industrial production in Brazil went up 0.4 percent month-over-month in January of 2021, following a downwardly revised 0.8 percent increase in December and in line with market expectations. It was the 9th straight month of expansion, bringing the cumulative growth to 42.3 percent, after a 27.1 percent loss in March and April when the coronavirus crisis hit the economy hard. Main positive contributions came from food (3.1 percent); extractive industries (1.5 percent); cellulose & paper (4.4 percent); autos (1 percent) and furniture (3.6 percent). Year-on-year, industrial output advanced 2 percent, extending an 8.2 percent rise in the previous month but below market consensus of 2.2 percent.
2021-03-05
Brazil Industrial Output Growth Beat Forecasts
Industrial production in Brazil increased 0.9% month-over-month in December of 2020, following a downwardly revised 1.1% growth in November and beating market expectations of a 0.2% rise. It was the 8th straight month of expansion, bringing the cumulative growth to 41.8%, after a 27.1% loss in March and April when the coronavirus crisis hit the economy hard. Main positive contributions came from metallurgy (19%), autos (6.5%), extractive industries (3.7%), machinery & equipment (6%), textiles (15.4%), clothing & accessories (11.5%), plastic & rubber products (4.8%) and pharmaceutical products (8.4%). Year-on-year, industrial output advanced 8.2%, the most since April of 2018, after a downwardly revised 2.6% rise in November and beating market consensus of a 6.3% growth. In 2020, industrial activity shrank 4.5%, the biggest decline since 2016.
2021-02-02

Brazil Industrial Production MoM
In Brazil, industrial production measures the output of businesses integrated in industrial sector of the economy, such as manufacturing, mining, and utilities.