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See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Brazil Auto Production MoM
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Latest Release
Apr 08, 2024
Actual3.2%
Previous24.3%
Industry is a basic category of business activity. Firms in the same industry are on the same side of the market, produce goods which are close substitutes and compete for the same customers. For statistical purposes, industries are categorized following a uniform classification code such as Standard Industrial
Classification (SIC). Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. It is often adjusted by season or weather conditions and thus volatile. However, it is used as a leading indicator and helps in forecasting GDP changes. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency.Total vehicles is comprised of cars, light commercials, trucks, buses and tractors.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| May 06, 2024 (Apr) | 14:00 | 3.2% | |||
| Apr 08, 2024 (Mar) | 14:00 | 3.2% | 24.3% | ||
| Mar 07, 2024 (Feb) | 14:00 | 24.3% | -11.0% | ||
| Feb 08, 2024 (Jan) | 14:00 | -11.0% | -15.3% | ||
| Jan 10, 2024 (Dec) | 14:00 | -15.3% | 1.5% | ||
| Dec 07, 2023 (Nov) | 14:00 | 1.5% | -4.4% |
Auto Production (MoM) Discussion
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