Industrial Output (MoM)

Actual
-0.7%
Previous
-0.6%
Forecast
-0.6%

The Industrial Output released by the Instituto Brasileiro de Geografia e Estatistica shows the volume of production of Brazilian industries such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the BRL.

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