Industry in Brazil grows 8% in July

National industrial production grew for the third consecutive month, up 8% in July compared to the previous month, after expanding in May (8.7%) and June (9.7%). For the first time in the historical series started in 2002, 25 out of 26 sectors showed a positive rate. The result, however, does not eliminate the 27% loss accumulated in March and April, when it reflected the effects of the Covid-19 pandemic.

Source: Money Times