According to IBGE (Brazilian Institute of Geography and Statistics) today, the coronavirus pandemic led to the fall of industrial activity in the country from February to March. This is what the Regional Monthly Industrial Survey points out. It is the first time in eight years that all 15 surveyed locations have retreated. The closest to this result occurred in May 2018, with the truckers' strike, which brought down industrial production in 14 of the 15 locations.
According to a survey carried out in partnership by the Brazilian Institute of Economics, of the Getulio Vargas Foundation (FGV / Ibre), and The Conference Board (TCB), Iace (Compound Background Indicator of the Brazilian Economy) fell 10.1% in April of 2020 in compared to March of the same year. The index fell from 112.6 to 101.2 points, the biggest drop in the historical series started in 1996.
