Brazilian January Industrial Production Declines 3.4% From Year Ago

Brazil’s industrial output fell 3.4 percent in January from a year ago, the national statistics agency said today in Rio de Janeiro. Economists had expected a decrease of 1.4 percent, according to the median forecast from 44 analysts surveyed by Bloomberg.

Output fell 2.1 percent from the previous month.

To contact the reporter on this story: Joshua Goodman in Rio de Janeiro at jgoodman19@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net

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