Brazil Industrial Production Declines in June

Brazil’s industrial production fell 1.8% month over month in June 2026, following a 0.9% decline in May, missing forecasts of a 0.8% drop, and marking its second consecutive monthly contraction. All four major economic categories and 16 of the 25 industrial sectors surveyed posted declines. The sharpest drops came from coke, refined petroleum products and biofuels (-5.9%), chemicals (-4.3%), food products (-1.9%), pharmaceuticals (-11.0%), apparel and accessories (-11.0%), computers and electronic products (-8.9%), and other transport equipment (-8.6%). Among the major categories, semi- and non-durable consumer goods (-4.1%) and durable consumer goods (-3.2%) recorded the steepest declines, while capital goods and intermediate goods both fell 1.1%. Despite the monthly weakness, industrial production was up 1.5% in the first half of 2026.




