FX.co ★ Brazil Industrial Production Stalls for 2nd Month

In November 2025, Brazil's industrial production remained stagnant for the second consecutive month, falling short of the anticipated 0.2% rise, marking a third successive period lacking growth in industrial output. The extractive sector experienced a decline of 2.6%, driven by decreases in crude oil, natural gas, and iron ore production. Furthermore, reductions were noted in auto manufacturing (-1.6%), chemicals (-1.2%), and food production (-0.5%). These declines were countered by increases in the production of metals (up 2.7%), machinery and equipment (up 2%), non-metal mineral products (up 3%), and pharmaceuticals, which saw a substantial rise of 9.8%. Compared to the same month the previous year, industrial production registered a decline of 1.2%, representing the most significant contraction in five months.