The slightly better-than-expected 0.1% m/m increase in Brazilian industrial production in June indicates that the sector grew a little more quickly in Q2 than it did in Q1. Even so, there’s nothing in the data that will stop Copom proceeding with its plan to start a monetary easing cycle tomorrow.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services