Home / Breaking News / Brazil’s Industrial Production Posts Record Rise

Brazil’s Industrial Production Posts Record Rise

Industrial production in Brazil increased by 7% during May, recording its biggest rise on record.

This comes as economic activity in Brazil resumed after two months of lockdown due to the spread of the coronavirus disease (COVID-19).

On an annual basis, industrial production decreased in Brazil by 21.9%.

Check Also

Crude Rises as Peace Talks Collapse and Macron’s Warning Rekindles Geopolitical Risk

Oil prices climbed on Friday, lifted by geopolitical shocks that overshadowed otherwise bearish supply signals. …