Brazil's national statistics agency (IBGE) has reported that in April this year industrial production in the largest Latin American country decreased by 0.3 percent compared to March, declining for the second consecutive month on month-on-month basis, and was down 5.8 percent from April 2013. In March, industrial output in Brazil had increased by 0.5 percent month on month. Meanwhile, in the first four months of the current year, industrial production in Brazil fell 1.2 percent year on year.
According to the report, in April this year the production of intermediate goods manufacturers in Brazil decreased by 0.2 percent, while output of capital goods declined by 0.5 percent, output of consumer goods shrank by 0.8 percent, production of durable consumer goods moved down by 1.6 percent and output of non-durable consumer goods increased by 0.4 percent, all compared to the previous month.
In April of the current year, Brazil's machine and equipment output increased by 1.5 percent, while output of motor vehicles and trailers increased by 0.6 percent, both compared to March. In April, Brazil's metal products output decreased by 10.8 percent and motor vehicles and trailers output by 21.3 percent year on year. Meanwhile, in the first four months this year, Brazil's metal products output decreased by 8.5 percent, while motor vehicles and trailers output decreased by 10.2 percent, both on year-on-year basis.
