Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil
BRAPROINDMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.76
Year-over-Year Change
2.27%
Date Range
1/1/1975 - 3/1/2024
Summary
This economic trend measures the production volume of the industrial sector in Brazil, excluding construction. It serves as a key indicator of overall economic activity and industrial performance in the country.
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, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil metric tracks the output levels of the Brazilian manufacturing, mining, and utilities industries. It is widely used by economists and policymakers to assess the health and trajectory of the nation's industrial base.
Methodology
The data is collected and calculated by the Brazilian Institute of Geography and Statistics (IBGE) through surveys of industrial establishments.
Historical Context
This industrial production index is closely monitored by the Central Bank of Brazil and other government agencies to inform economic policy decisions.
Key Facts
- Brazil is the largest economy in Latin America.
- The industrial sector accounts for over 20% of Brazil's GDP.
- Manufacturing makes up the largest component of Brazil's industrial production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the industrial sector in Brazil, excluding construction. It provides an overview of activity levels across manufacturing, mining, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key indicator of overall economic performance in Brazil. It is closely watched by policymakers, investors, and analysts to gauge the health and trajectory of the nation's industrial base.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Brazilian Institute of Geography and Statistics (IBGE) through surveys of industrial establishments.
Q: How is this trend used in economic policy?
A: The industrial production index is monitored by the Central Bank of Brazil and other government agencies to inform monetary and fiscal policy decisions aimed at supporting economic growth and stability.
Q: Are there update delays or limitations?
A: The industrial production data is published on a monthly basis by the IBGE, with a typical release lag of around 45 days.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil (BRAPROINDMISMEI), retrieved from FRED.