In May 2020 Brazil's industrial production of furniture expanded 7% compared to April, reversing two consecutive months of declines (-9% in March and -19% in April).

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Brazil's industrial production of furniture up 7% in May

In May 2020 Brazil's industrial production of furniture expanded 7% compared to April, reversing two consecutive months of declines (-9% in March and -19% in April). In contrast overall industrial production in May fell over 20%, the second highest drop since records were kept, as ITTO reported.

The May result, however, was not enough to overcome the accumulated decline in furniture production for the year to-date, which went from -18% to -22% from April to May.