Brazil’s Industrial Production Hits Four-Year High in June 2024

The Brazilian industrial sector grew by 4.1% in June 2024 compared to May, according to the the stats agency (IBGE). This increase exceeded the median market expectation of 2.3%, with forecasts ranging from 1.1% to 4.9%. This growth represents the highest monthly increase in four years. Compared to June 2023, industrial production rose by 3.2%. […]