Brazil · Economy
Key Facts
—The print: Brazil’s industrial production rose 0.7% in April from March, seasonally adjusted, a fourth consecutive monthly gain, per the IBGE statistics agency.
—The run: The four-month streak adds up to 4.4% of cumulative growth, leaving output 4.7% above its pre-pandemic level but still 12.9% below the all-time peak of May 2011.
—The drivers: Mining and oil-and-biofuel refining each rose 3.1%, a fifth straight monthly advance, led by crude, natural gas, iron ore and diesel.
