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New data Industrial Production MoM (Jun)

8/2/2024

actual 4.1, previous -0.9

The event is the Industrial Production MoM (Month-over-Month) for Brazil in June. The actual value reported is 4.1%, which is higher than the previous value of -0.9%. The estimate was 2.4%, so the actual value exceeded expectations. This event is considered to have a medium impact on the market. The significant increase of 555.56% from the previous value indicates a strong growth in industrial production for the month of June in Brazil.

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