Brazil's national statistics agency (IBGE) has reported that in November last year industrial production in the largest Latin American country decreased by 0.2 percent compared to October and was up 0.4 percent from November 2012. In October last year, industrial output in Brazil had increased by 0.6 percent month on month. Meanwhile, in November last year, Brazil's basic metal output increased by 3.1 percent month on month and by 4.2 percent compared to November 2012.
In the first 11 months of 2013, Brazil's industrial production increased by 1.4 percent and domestic basic metal output decreased by 2.2 percent, both compared with the same period of 2012.