Brazil industrial production down 4.7 pc over 12 months

Brasília (AFP) - Brazil's industrial production has dropped 4.7 percent over 12 months after slipping in March by 0.8 percent amid a sharp downturn in the world's seventh-largest economy, official figures showed Wednesday. Brazil is enduring a fifth straight year of low growth -- last year saw GDP grow by just 0.1 percent and this year is set to see a contraction of around 1.0 percent, the Central Bank and International Monetary Fund agree. "With the March 2015 result, industrial