Clipping of news on Brazilian Culture, Law and Citizenship
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The production of the domestic industry registered a decline of 5.2% in November in comparison with the previous month, according to data released this Tuesday (6) by the Brazilian Institute of Geography and Statistics. The fall is the largest since May 1995, when the indicator declined 11.2%, and leads the Brazilian industrial production to a level close to May 2007.
The rate in November is the second consecutive negative monthly result, accumulated loss of 7.9% between September and November. Facing the same month the previous year, the indicator pointed to drop by 6.2%, the highest since December 2001, interrupting a sequence of positive rates of 28 months.
Last year, industrial production also accumulates high of 4.7%. In 12 months, the rate was 4.8%, lower than the 6.0% recorded in October 2008. According to the IBGE, the data for November showed "a deepening of the pace of decline in activity and an enlargement of the number of segments with decreased production."
Vehicles and machinery
The main impact in November and October was ahead of the automobile industry, with falls of 22.6%. In cumulative January-November, however, the industry had growth of 12.6%, registering the biggest positive impact on the indicator of the industry.
Also pushed down the rate of the industry in November of machinery and equipment, with fall of 11.9%. We also found low pronounced in publishing and printing (-14.8%), extractive industries (-10.9%) and basic metallurgy (-10.2%).
Generalization of the fall
Even in comparison with October, the indexes for categories of use to confirm the general decrease in industrial production. The durable goods retreated 20.4% in comparison to seasonal adjustment, the largest reduction since December 1997 (-21.2%), reflecting the sensitivity of this segment of the credit conditions.
Capital goods were falling by 4.0% and intermediate goods, 3.9% for the fourth consecutive reduction, accumulating, between July and November, a loss of 9.6%. The production of consumer non-durable and semi in turn recorded a more moderate decline (-0.7%).
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This article was translated by an automatic translation system, and was therefore not reviewed by people.