Production: Mining: Total mining: Total for Brazil
Annual
PRMITO01BRA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.75
Year-over-Year Change
-12.26%
Date Range
1/1/1975 - 1/1/2022
Summary
The Annual trend measures the annual rate of change in manufacturing output in Brazil. It is a key indicator of industrial activity and economic growth.
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 Annual trend tracks the year-over-year percent change in the volume of manufacturing production in Brazil. It is a widely followed metric for assessing the health and performance of the Brazilian industrial sector and broader economy.
Methodology
The data is calculated by the Central Bank of Brazil based on monthly surveys of manufacturing facilities.
Historical Context
Policymakers and analysts use the Annual trend to inform decisions and forecasts related to monetary policy, investment, and economic planning.
Key Facts
- Manufacturing accounts for over 10% of Brazil's GDP.
- Brazil is one of the world's largest producers of automobiles, steel, and various industrial commodities.
- The Annual trend has averaged 2.3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in manufacturing output volume in Brazil.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a crucial indicator of industrial activity and economic growth in Brazil, informing decisions and forecasts related to monetary policy, investment, and economic planning.
Q: How is this data collected or calculated?
A: The data is calculated by the Central Bank of Brazil based on monthly surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Annual trend to assess the health and performance of the Brazilian industrial sector and broader economy.
Q: Are there update delays or limitations?
A: The Annual trend is published monthly with a delay of approximately two months.
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Citation
U.S. Federal Reserve, Annual (PRMITO01BRA661S), retrieved from FRED.