Brazilian industrial production plummets in July: 8.9% from a year earlier

Thursday, September 3rd 2015 - 08:30 UTC

Full article 5 comments

Brazil's industrial production plummeted in July and fell well below economists' worst predictions. Industry output sank 1.5% in July from June in seasonally adjusted terms and was down 8.9% from a year earlier, the Brazilian Institute of Geography and Statistics, or IBGE, said Wednesday. The IBGE also revised June's drop to 0.9% from 0.3% from the previous month. Read full article

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Jack Bauer
Dilma, Lulla and the PT are just reaping what they sewed 1o years ago.
Sep 03rd, 2015 - 05:46 pm - Link - Report abuse 0
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MagnusMaster
Yikes! This is Peronist bad.
Sep 03rd, 2015 - 10:49 pm - Link - Report abuse 0
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ilsen
Brazilian politicians and policy-makers should start reading the comment boards on this site.
Many commentators have been predicting this for years.
So many have been proved correct with regards to the corruption and economic mis-management that is only now being 'discovered'.
(pffttt....)
Sep 04th, 2015 - 12:28 am - Link - Report abuse 0
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Jack Bauer
I am not implying that PT politicians are all stupid. They know damned well what their priorities are, and Brazil's well-being is definitely not amongst them. The stupids are those who, despite seeing the sh*t hit the fan, still support them.
Sep 04th, 2015 - 05:29 pm - Link - Report abuse 0
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ilsen
@4 JB
“The stupids are those who, despite seeing the sh*t hit the fan, still support them.”

As it is in VZLA, as it is.
:-(
Sep 05th, 2015 - 01:33 am - Link - Report abuse 0
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