The industrial production in Brazil stalled for a second month in November of 2025, missing expectations of a 0.2% increase to reflect a third consecutive period without gain in industrial output. Output contracted for the extractive industries (-2.6%) amid drops for crude oil, natural gas, and iron ore. Output also fell for autos (-1.6%), chemicals (-1.2%), and food (-0.5%). These were offset by higher production of metal (2.7%), machinery and equipment (2%), non-metal mineral products (3%), and pharmaceutical products (9.8%). From the previous year, industrial production fell by 1.2%, the sharpest contraction in five months.