Brazil Industrial Production Mom

Brazil’s industrial production rose 0.1% from the previous month in October 2025, rebounding from a 0.4% drop in September but missing expectations of a 0.4% gain. The extractive sector grew 3.6%, while manufacturing fell 0.6%. Mining and quarrying led the positive contributions with a 3.6% increase, ending two months of declines. Other gains came from food products (0.9%), motor vehicles (2.0%), chemicals (1.3%), computer and electronic goods (4.1%), and apparel (3.8%). The sharpest declines were in coke, petroleum products, and biofuels (–3.9%) and in pharmaceuticals (–10.8%). Year-on-year, output fell 0.5%.