According to the Monthly Industrial Survey released Wednesday by Brazil's Rio de Janeiro-based Institute of Geography and Statistics (IBGE), industrial production in South America's largest country fell 0.3% in February, which represented its second straight monthly decline after January's -1.5%, Agencia Brasil reported.
Brazilian industrial production slumped in November after rising for three consecutive months, marking the weakest performance for the month in four years, the government statistics agency IBGE said on Thursday.
Industrial output in Brazil contracted unexpectedly in March, the latest in a string of weak data suggesting a recovery in Latin America's largest economy hit a bump in the first quarter. Production fell 0.1% from February, government statistics agency IBGE announced.