Brazil's embattled president cheered by industrial performance

Source: Xinhua| 2017-07-05 07:42:10|Editor: Song Lifang
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RIO DE JANEIRO, July 4 (Xinhua) -- Brazilian President Michel Temer, who is charged of corruption by supreme court, was buoyed by news of an uptick in industrial performance, local media reported on Tuesday.

"I'm very excited. My enthusiasm is growing because we are actually doing very well," Agencia Brasil cited Temer as saying.

Temer said factory sales were up 5.5 percent, installed industrial capacity was at 77.4 percent, and June's trade balance was "the best" since 1989.

Also Tuesday, the Brazilian statistics institute (IBGE) reported industrial activity grew 0.8 percent in May in comparison to previous month.

It was the first positive performance for May since 2011, and the second monthly increase in a row, after industrial activity grew 1.1 percent in April.

Temer, who has been mired in allegations of corruption which he denies, also said he was optimistic of riding out the political storm.

He said he was "almost sure" the Chamber of Deputies will vote to clear him of the charges.

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