Image: Whatson / stock.adobe.com

Image: Whatson / stock.adobe.com

Brazil: Beverage Production Continues to Surge

According to the latest data from the Institute of Statistics (IBGE), Brazil's beverage production saw a notable increase of 1.8 percent in July compared to June. More impressively, production surged by 8.4 percent compared to July 2023.

For the first half of the year, cumulative growth in beverage production reached 4.7 percent, with a 4.1 percent increase over the past twelve months.

The production of alcoholic beverages showed a particularly strong performance, rising by 10.6 percent in July compared to the same month last year, building on a 4.5 percent increase recorded in June. This growth in the beverage sector is significant, especially given that other industrial sectors experienced a 1.4% decline in manufacturing activity in July compared to the previous month.

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