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Brazil's industrial production down 1.6 pct in H1

RIO DE JANEIRO
2019-08-02 10:16

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RIO DE JANEIRO, Aug. 1 (Xinhua) -- Brazil's industrial production fell 1.6 percent year-on-year in the first half of 2019, the country's official statistics agency IBGE said Thursday.

The fall was due to a 2.7-percent decrease in the output of intermediary goods, according to a report by IBGE.

Meanwhile, capital goods' production rose 0.9 percent, the production of durable consumption goods was up 1.8 percent and that of semi- and non-durable consumption goods increased 0.1 percent.

In the first half of 2019, production fell in 15 out of the 26 areas analyzed by the IBGE, the report said. In June, industrial output fell 0.6 percent over May.

It was the second negative result in a row. Compared with June 2018, industrial output fell 5.9 percent, after having expanded 7.4 percent in May.
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