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Economic indicators

Industrial production in Brazil stagnates in August

10/02/2013

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

 

 

 

 



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Industrial production stagnated in August compared to July, according to data released by the Brazilian Institute of Geography and Statistics ( IBGE ) said Wednesday . Compared to August 2012, production decreased by 1.2 % .


According to a Reuters poll of 22 analysts together , the expectation was that industrial production to rise 0.15 % in August compared to July . Estimates ranged from down 0.50 per cent to a high of 0.9 % . In annual terms, the expectation was down 0.75 % while the 18 forecasts ranged from a decline of 1.8 % to a high of 0.30%.


Despite the stability in general average , three out of four use industry had high : capital goods ( 2.6 % ) , intermediate goods ( 0.6 % ) and consumer durables ( 0.2 % ) . Only consumer goods and non-durable semi fell in production ( -0.3 % ) .


In addition , 15 of the 27 surveyed activities were discharged between July and August , with emphasis on food ( 2.5 % ) , motor vehicles ( 1.7 % ) , machinery and equipment ( 1.2 % ) and clothing and accessories ( 7.2%).


Among the 11 activities in the fall, the highlight was the pharmaceutical industry , a decline of 5.6% between July and August . Also had significant reductions in the production sectors of beverages ( -3.1 % ) and other transportation equipment ( -3.7 % ) . Compared to August last year , a drop of 1.2 % .
However , accumulated in the year and the last 12 months , there were increases of 1.6 % and 0.7 % , respectively.


With information from the Agency Brazil



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