Production: Manufacturing: Consumer Goods: Total for Brazil
BRAPRMNCG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.22
Year-over-Year Change
-5.16%
Date Range
1/1/1991 - 12/1/2018
Summary
This economic trend measures the total production of consumer goods in the manufacturing sector of Brazil. It is a key indicator of domestic demand and consumer confidence in the Brazilian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production: Manufacturing: Consumer Goods: Total for Brazil metric tracks the output of consumer-oriented products manufactured within Brazil. It is used by economists and policymakers to assess the health of the country's consumer economy and gauge consumer spending patterns.
Methodology
The data is collected through surveys of manufacturing facilities and compiled by the Brazilian Institute of Geography and Statistics.
Historical Context
This trend is closely watched by analysts as a barometer of domestic consumption and can inform monetary and fiscal policy decisions.
Key Facts
- Brazil is the largest economy in Latin America.
- Manufacturing accounts for around 12% of Brazil's GDP.
- Consumer goods production rose 3.2% in 2022 after declining in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total output of consumer goods produced in the manufacturing sector of Brazil. It is an indicator of domestic demand and consumer confidence.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as a barometer of the health of Brazil's consumer economy and household spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and compiled by the Brazilian Institute of Geography and Statistics.
Q: How is this trend used in economic policy?
A: Changes in consumer goods production can inform monetary and fiscal policy decisions in Brazil as it reflects domestic demand and consumer confidence.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of approximately 6-8 weeks.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Consumer Goods: Total for Brazil (BRAPRMNCG01IXOBSAM), retrieved from FRED.