Brazil factory activity decline continues in AugustStaff Writer | September 1, 2016
Brazil's manufacturing activity continued to decrease in August, extending deteriorating into a nineteenth month, on the back of new order decline, survey data from IHS Markit.
Manufacturing in LatAm The index for the manufacturing sector fell
Both domestic and foreign orders declined, but production fell at a slower pace. Firms continued to shed jobs. Cost pressures increased further and consequently, output charges were raised. ■