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Full article Production rose a seasonally adjusted 1.2% in November and increased 2.8% from the same month a year earlier, IBGE, said on Friday. Brazil s industrial production rose for the seventh consecutive month in November, boosted by the output of motor vehicles and clothing. Production rose a seasonally adjusted 1.2% in November and increased 2.8% from the same month a year earlier, the Brazilian Institute of Geography and Statistics, or IBGE, said on Friday. In October, the IGBE reported that production rose 1.1% in the month and grew 0.3% from a year earlier. The rise in car production is probably partly due to the country s record-low interest rates and to the fact that many Brazilians canceled vacations and delayed other purchasing plans, leaving them with more money than normal and allowing them to buy a new vehicle, according to Jason Vieira, chief economist at Infinity Asset Management.

Jason vieiraBrazilian institute of geographyBrazilian instituteInfinity assetஜேசன் வியெரபிரேசிலியன் நிறுவனம் ஆஃப் நிலவியல்பிரேசிலியன் நிறுவனம்முடிவிலி சொத்து