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Economic indicators

Holidays can be costly to the economy

28/02/2014

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





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Resting is good and everybody likes . But the days of inert economy can cost a lot to the financial engine of the country . The losses incurred by the national and state holidays for Brazilian industry can reach R$ 45.5 billion in 2014 , a figure 2.8 % higher than estimated for the past year . This means that the Brazilian economy will cease to produce up to 3.6% of its industrial GDP .

For each 10 % of people [ workers ] staying home [ off on game day ] , there will be corresponding to 0.3 % of GDP ( Gross Domestic Product ) loss , "said economic adviser FecomercioSP Fabio Pina . According to him , the calculation was based on the daily production in various economic sectors , including trade , services , industry and agriculture .

Excessive stoppage of economic activity generated by the holidays will be higher in 2014 because 30 of the 44 state holidays fall on a business day , six more than last year. National holidays, eight of 12 occur on weekdays , yielding optional points or practice " hangings " . There will be a state holiday on weekdays in five Brazilian states , whose loss will be related to the eight national holidays : Goiás , Minas Gerais , Mato Grosso do Sul, Rio Grande do Sul and Roraima . The situation is also the Federal District .
Most industrialized states are also concentrating the greatest losses .

See the balance of losses in each Brazilian state :




Source : Modern Consumer

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

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