FX.co ★ Brazil Industrial Production Beats Expectations

Brazil’s industrial production rose 0.7% in April 2026 from the previous month, exceeding market expectations of a 0.4% increase and accelerating from the 0.3% gain recorded in March. This was the fourth consecutive monthly expansion. Growth was relatively widespread, with 14 of the 25 industrial segments surveyed reporting increases.

The strongest positive contributions came from extractive industries (3.1%) and from coke, refined petroleum products, and biofuels (3.1%), both extending their growth streak to five consecutive months. Additional notable advances were seen in rubber and plastic products (3.1%), wood products (8.5%), textiles (4.1%), and electrical machinery and equipment (2.2%).

On the negative side, chemical output dropped 3.9%, partially offsetting the 4.5% rise recorded in the previous month. Further declines were registered in pharmaceuticals (-6.0%), machinery and equipment (-2.9%), motor vehicles (-0.7%), and metallurgy (-1.0%).

On a year-on-year basis, industrial production increased 2.7% compared with April 2025.