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Brazil Economic Watch: ”Weak industrial production performance at the beginning of the second quarter”

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Published on Monday, May 30, 2011

Brazil Economic Watch: ”Weak industrial production performance at the beginning of the second quarter”

After growing 1.1% m/m on average in the first quarter of the year, industrial production dropped 2.1% m/m in April, surprising markets to the downside and supporting perspectives that the economy will slow down in the 2nd quarter.