Brazil’s Manufacturing Sector Hits a Decade High in Capacity Use

In a notable development for Brazil’s manufacturing sector, July saw the highest utilization of production capacity in over ten years, alongside record-low inventory levels, according to a study by the Getulio Vargas Foundation (FGV). The capacity utilization level (Nuci) reached 83.40%, a figure last seen in May 2011. Simultaneously, inventory levels dropped to 96.2 points, […]