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    Brazil Flash: ”Industrial production surprises to the downside and reinforces signs of slower than expected recovery”

    Published on Wednesday, May 2, 2012

    Brazil Flash: ”Industrial production surprises to the downside and reinforces signs of slower than expected recovery”

    Summary

    Industrial production dropped 0.5%m/m in March and frustrated markets which expected a 1.2%m/m expansion. The result should reinforce the concerns about industrial sector’s lack of competitiveness.

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    BBVA Research BBVA Research

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    Report (PDF)

    120503_Brazil_Flash-IP_mar12_tcm348-321441.pdf

    English - May 2, 2012

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