Brazil industrial production down sharply in April
RIO DE JANEIRO, June 2 (Reuters) - Industrial production in Brazil dropped 1.2 percent in April from March, government statistics agency IBGE said on Tuesday, slightly below market expectations.
The median estimate in a Reuters survey of 25 analysts was for a 1.4 percent decline.
Production retreated 7.6 percent in April from a year earlier, less than the median forecast for a 7.9 percent decline. (Reporting by Rodrigo Viga Gaier; Writing by Alonso Soto)
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