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Brazil August IPCA, INPC, construction costs due Friday
Poder360·BR·about 14 hours ago
Brazilian industry revenue fell 2% in July, interrupting two consecutive months of growth and signaling a slow pace for the sector in 2026. The data suggests weakening industrial momentum, though the report does not specify whether the decline is broad-based or sector-specific. This matters as it may influence expectations for Brazilian GDP growth and monetary policy.
Brazilian manufacturing industry revenue declined 2% month-on-month in July, interrupting two consecutive months of growth. This indicates a weakening of industrial momentum, despite slight increases in hours worked and capacity utilization. The decline's breadth across sectors remains unclear.