Brazil’s manufacturing sector drops for second consecutive month

May manufacturing data brings the first signs that Brazil’s economic activity has slowed down in Q2. The sector was down 0.9 percent month-on-month (the second consecutive drop) and 1 percent against May 2023, erasing gains obtained earlier this year. The sector continues to droop, with output levels still 1.4 percent below pre-pandemic levels and almost
The post Brazil’s manufacturing sector drops for second consecutive month appeared first on The Brazilian Report.