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

Brazil’s Industrial Production Posts Record Rise

M. Ali 2 July, 2020 7:54 pm Breaking News, Market Update

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%.

Tags

Check Also

ExxonMobil

Oil Giants ExxonMobil and Chevron Face Profit Plunge as Crude Prices Tank

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends