Clipping of news on Brazilian Culture, Law and Citizenship
 


Economic indicators

Capital goods industry accelerated pace in January, says IBGE

03/07/2013

This article was translated by an automatic translation system, and was therefore not reviewed by people.


 




Production of trucks grew 206.4% compared to January 2012.
Capital goods discontinued 16 months of negative rates.
The 2.5% growth in industrial activity in the country in relation to December 2012 was driven mainly by capital goods sector, which grew 8.2% in the same comparison (the highest since June 2008, when it reached 8.8%). In comparison with January 2012, industrial production grew 5.7%, with the group of capital goods showing high of 17.3%.

According to André Macedo, manager of Industry Coordination of the Brazilian Institute of Geography and Statistics (IBGE), which released the figures of the industry in January on Thursday (8), growth of 17.3% in the group of capital goods compared in January 2012 broke a string of 16 consecutive months of negative rates and was the highest since February 2011, when he scored 19.4%.

The acceleration in manufacturing activity in January, according to Macedo, is mainly a result of the resumption of production of trucks in the capital goods sector, and cars in the segment of consumer durables, for the purpose of collective holiday periods, with incentives Tax, and the standard stocks or in some case to subnormal.

Compared with January 2012, car production grew 25.3% (the largest of January 2010, when he scored 30.6%) and trucks, 206.4%. In January 2012, reminds the manager, inventories were high and the production of trucks had receded because of high costs due to less polluting new engine requirements.

"Inventories were above the common standard in early 2012. In several sectors had above stocks. But in 2013 began with inventory levels or below normal standard. The production of trucks was favored by the continued reduction of the IPI and BNDES financing rates lower. This is an explanation to understand the magnitude of growth that the industry has had, "said the manager, explaining that in January 2012 automobile production had declined 19.2% and trucks, 65.5%.

The intermediate goods sector also showed growth of 0.9% compared to December 2012 and 4% in comparison with the same month last year. The main responsible for the good performance in the category were the sectors of oil refining, activity resumed after scheduled outages last year, and in the extraction of iron ore, hampered last year because of the rainy periods.

Macedo said that besides the stronger pace of industrial production in January demonstrated, growth was more widespread: the 27 branches of activity surveyed, 18 showed growth in comparison with December 2012.

Highlights include the production of footwear and leather products, which increased by 13.8%, from three months of consecutive falls, when it accumulated losses of 10.9%, in large part because of shutdowns; electronic equipment, especially , TVs and cell phones, up 10.5%, also emerging from periods of shutdowns, and machinery and equipment, an increase of 5.7%, after accumulating losses of 6.2% in November and January 2012.

The highlight was negative in the tobacco industry, with a decrease of 53.5%.

"The negative growth of cigarette production may be related to increased product prices, and with increasing IPI. Moreover, with increasing prices, domestic production loses space for smuggled goods.
The tobacco industry has five months of negative results, "said Macedo.



Source: G1

Our news are removed entirely from the sites of our partners. For this reason, we can not change their content even in cases of typos.

This article was translated by an automatic translation system, and was therefore not reviewed by people.

Important:
The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.


  Subjects list
 
  Copyright (c) 2006-2009. JurisWay - All rights reserved.