Brazil's Industrial Output Stable on Month in June
BRASIIA – Brazil's industrial output was stable in June comparing with the prior month, the Brazilian Institute of Geography and Statistics, or IBGE, said Tuesday.
When compared with a year earlier, June industrial output was down 1.9%.
June's zero growth comes after two consecutive months of expansion, in which industrial production grew 2.5% in total, IBGE said.
A weekly survey of economists by the central bank released Monday forecast gross domestic product, a broader measure of economic growth, will expand 0.34% in 2017.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
August 01, 2017 08:30 ET (12:30 GMT)