--- title: "Brazil's industrial output beats expectations in January" type: "News" locale: "en" url: "https://longbridge.com/en/news/278104106.md" datetime: "2026-03-06T13:05:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278104106.md) - [en](https://longbridge.com/en/news/278104106.md) - [zh-HK](https://longbridge.com/zh-HK/news/278104106.md) --- # Brazil's industrial output beats expectations in January (Recasts with further data, context, economist quote) SAO PAULO, March 6 (Reuters) - Industrial production in Brazil rose more than expected in January from December, government statistics agency IBGE said on Friday, despite high interest rates weighing on Latin America’s largest economy. - Production rose 1.8% in January, IBGE said. - The median estimate in a Reuters poll projected a 0.7% increase. - The result marked the sharpest climb since June 2024, following a strong decline the previous month. - Output was up in all four main categories surveyed in January, according to IBGE. - Compared to a year earlier, production in January grew 0.2%, while economists had expected a 0.7% drop. TIGHT FINANCIAL CONDITIONS - While January’s rebound partly offsets the weak end to the fourth quarter of 2025, the outlook remains cautious, warned Pantheon Macroeconomics’ chief Latin America economist Andres Abadia. - “Interest rate cuts this year, fiscal support ahead of elections, and potential gains from the EU-Mercosur agreement likely will provide some tailwinds, but investment weakness and political uncertainty keep risks tilted to the downside,” he said. - Brazil’s central bank has maintained interest rates near a two-decade high of 15% in a bid to tame persistent inflation, signaling it could start easing in March. ### Related Stocks - [EWZ.US](https://longbridge.com/en/quote/EWZ.US.md) - [520870.CN](https://longbridge.com/en/quote/520870.CN.md) - [EVLU.US](https://longbridge.com/en/quote/EVLU.US.md) - [VWO.US](https://longbridge.com/en/quote/VWO.US.md) - [EMXC.US](https://longbridge.com/en/quote/EMXC.US.md) - [1325.JP](https://longbridge.com/en/quote/1325.JP.md) - [EMGF.US](https://longbridge.com/en/quote/EMGF.US.md) - [SPEM.US](https://longbridge.com/en/quote/SPEM.US.md) - [DFEV.US](https://longbridge.com/en/quote/DFEV.US.md) - [IEMG.US](https://longbridge.com/en/quote/IEMG.US.md) - [159100.CN](https://longbridge.com/en/quote/159100.CN.md) - [EEM.US](https://longbridge.com/en/quote/EEM.US.md) - [DEM.US](https://longbridge.com/en/quote/DEM.US.md) - [AVEM.US](https://longbridge.com/en/quote/AVEM.US.md) - [EDIV.US](https://longbridge.com/en/quote/EDIV.US.md) - [AVES.US](https://longbridge.com/en/quote/AVES.US.md) - [SCHE.US](https://longbridge.com/en/quote/SCHE.US.md) - [FEMX.AU](https://longbridge.com/en/quote/FEMX.AU.md) ## Related News & Research - [Factbox - Emerging economies in focus at IMF World Bank meetings](https://longbridge.com/en/news/282570146.md) - [IMF cuts emerging economies' growth estimate as war darkens outlook](https://longbridge.com/en/news/282695993.md) - [Brazil's services sector undershoots growth forecasts in February](https://longbridge.com/en/news/282699752.md) - [Strength in the Brazilian Real Boosts Coffee Prices](https://longbridge.com/en/news/282384354.md) - [Hot money increasingly dominates emerging markets financing, raising risks, IMF says](https://longbridge.com/en/news/281896162.md)