Brazil’s industrial production fell 1.8% month over month in June 2026, deepening from a 0.9% decline in May and coming in below market expectations for a 0.8% decrease. This was the second consecutive monthly contraction, with all four major economic categories and 16 of the 25 industrial sectors surveyed posting declines.
The most pronounced drops were recorded in coke, refined petroleum products and biofuels (-5.9%); chemicals (-4.3%); food products (-1.9%); pharmaceuticals (-11.0%); apparel and accessories (-11.0%); computers and electronic products (-8.9%); and other transport equipment (-8.6%).
Across the main use categories, semi- and non-durable consumer goods (-4.1%) and durable consumer goods (-3.2%) saw the sharpest falls, while capital goods and intermediate goods each declined 1.1%.
Despite the recent weakness, industrial production grew 1.5% in the first half of 2026 compared with the same period a year earlier.
