Brazilian July industrial output grows at lower than expected rate

Wednesday, September 1st 2010 - 06:34 UTC

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Brazilian industrial production output experienced an increase of 0.4% in July from a month earlier, which is less than expected according to a report released by the Brazilian national statistics bureau IBGE in Río de Janeiro, compared with a 1% decline in June. Read full article

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Forgetit87
“Central bank President Henrique Meirelles said growth will pick up again in the third quarter.”

Except that August data don't seem any better than July's.
Sep 01st, 2010 - 09:22 am - Link - Report abuse 0
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