免费看黄色大片-久久精品毛片-欧美日韩亚洲视频-日韩电影二区-天天射夜夜-色屁屁ts人妖系列二区-欧美色图12p-美女被c出水-日韩的一区二区-美女高潮流白浆视频-日韩精品一区二区久久-全部免费毛片在线播放网站-99精品国产在热久久婷婷-午夜精品理论片-亚洲人成网在线播放

Brazil's industrial output falls 0.3 pct in August

Source: Xinhua| 2018-10-03 11:11:06|Editor: xuxin
Video PlayerClose

RIO DE JANEIRO, Oct. 2 (Xinhua) -- Industrial production in Brazil declined 0.3 percent in August compared to the previous month, marking the second consecutive monthly decline, the Brazilian Institute of Geography and Statistics (IBGE) said Tuesday.

The August numbers show the difficulty the sector is having in overcoming the effects of the 2015-2016 economic crisis, the country's worst ever recession, with GDP falling 7 percent according to the IBGE report.

Compared to August 2017, industrial production grew 2 percent, the third positive result in the year-on-year comparison, IBGE said.

The year-to-date cumulative industrial growth registered 2.5 percent, while the previous 12 months ending in August saw growth of 3.1 percent.

In August, 14 of the 26 industrial sectors saw a contraction, including oil byproducts and biofuels, which shrank 5.7 percent due to a paralysis in several units.

High unemployment and low confidence among business owners along with political uncertainty have put the brakes on industrial growth, which in turn impacts economic growth.

After seeing 1 percent growth in 2017, gross domestic product was initially expected to grow nearly 3 percent in 2018. However, Brazilian financial analysts have since downgraded the forecast to 1.35 percent, while the government is projecting 1.6 percent growth.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001375090301