Brazil Industrial Output Falls in 10 of 15 Regions in August; National Drop 0.6%

Brazilian industrial production contracted in ten of fifteen surveyed regions in August, with national output down 0.6% month-on-month. Sharpest declines hit Pará (-7.3%), Amazonas (-5.7%), and Rio Grande do Sul (-4.5%), while Minas Gerais stagnated. The broad-based regional weakness signals continued softness in Brazil's industrial sector, reinforcing expectations of sluggish economic growth.