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Economic indicators

Industrial production rises 2.3% in January, says IBGE

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




In December, index fell 12.4%, largest fall since 1991.
On January 2008, however, there was shrinkage of 17.2%.

Do G1, em São Paulo

The Brazilian industrial production advanced 2.3% in January this year, in comparison with December 2008, according to the research industry's monthly IBGE (Brazilian Institute of Geography and Statistics).
The result breaks a series of three negative results, which accumulated losses of 19.8% from September to December. According to the institute, however, the numbers show that there is a tendency to decrease in the comparisons involving longer periods.

In December, the production of the domestic industry had registered a decline of 12.4% in comparison with November. The monthly drop was the largest since 1991, the IBGE started the calculation of, and took the level of production back to levels seen in March 2004.

Compared to January 2008

In relation to what was recorded in January 2008, was a drop of 17.2% in industrial production, the third consecutive drop in comparison. Accumulated in the past twelve months, the trajectory of the production remained low, reaching 1.0%, its lowest mark since February 2004 (0.2%).

Segment

Fifteen of 27 areas surveyed by the IBGE showed high in its production in January. Automobiles are the focus of research, with growth of 40.8% due to return part of the collective holidays.

It should be highlighted the segments of electronic material and communications equipment (28.4%), rubber and plastics (13.6%), textile (10.3%) and food (1.6%), which had strongly retracted in December - casualties of 40.8%, 39.0%, 20.3%, 11.9% and 4.3% respectively.

Among the industries that reduced their production between December and January are machinery, electrical equipment and materials (-9.5%), oil refining and alcohol production (-3.6%) and basic metallurgy (-4.7% ).
 



Source: G1 News

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

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