Economics
Brazil's Industrial Production Unexpectedly Drops Amid Recession
- Industry fell 0.2% m/m and 4.4% y/y in November: stats agency
- Fall in production of capital goods drove monthly drop
A worker performs quality control check at a manufacturer of hygiene products in Brazil
Photographer: Paulo FridmanThis article is for subscribers only.
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Brazil’s industrial production fell in November for the sixth consecutive month, raising concerns about the extent of the recession in Latin America’s largest economy.