Brazil industrial output rises 0.1% in March, beats forecasts

INVESTING.COMMay 7, 12:27 PM UTC
Brazil industrial output rises 0.1% in March, beats forecasts

Investing.com -- Brazil’s industrial production increased 0.1% in March compared to February, according to government statistics agency IBGE on Thursday. The result surpassed the median estimate in a Reuters poll, which had projected a decrease of 0.2%.

On a year-on-year basis, output climbed 4.3% in March, IBGE reported. Economists surveyed by Reuters had anticipated a 3.5% increase.

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