Brazil industrial output contracts 3.2 percent in 2014
SAO PAULO Feb 3 (Reuters) - Industrial production in Brazil retreated 3.2 percent in 2014, government statistics agency IBGE said on Tuesday.
Production dropped 2.7 percent in December from a year earlier, greater than the median forecast of a 2.4 percent decline in a Reuters survey of 27 analysts.
December industrial production fell 2.8 percent from November, IBGE said, surpassing the survey's estimate for a 2.5 percent decline. (Reporting by Pedro Fonseca and Rodrigo Viga Gaier; Editing by Robin Pomeroy)
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