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Economic indicators

Turnover in industry fell 10.9% in two months, the biggest decline since 2003

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

 


The industry's revenue grew 0.7% from January to February this year, in terms deseasonalizing (which discounts the variation of working days a month to the other) informed this Tuesday (7) the National Confederation of Industry (CNI) . Against February last year, a drop of 10% and in the first two months of this year, was recorded a decline of 10.9% - the worst performance since the beginning of the series in January 2003.

"The framework of activity is depressed in the first months of this year. The signs of a recovery will depend on the second quarter of 2009. The fall is still quite negative in terms of world trade. In the second quarter of this year [between April and June ], small fluctuations can be up or down against the first three months of 2009. The resume must be possible only in the second half, "the economist assessed the CNI, Flávio Castelo Branco.

'Disaster'

According to the entity, there must be a growth of 9.3% between March and December this year only to "tie" with the sales recorded in any year 2008. Ie, for zero growth (not increase) over last year. "The first quarter should fall in sales. It can not be in a process of deterioration, but is at a low base. If you keep this level until the end of the year is a disaster," added White Castle.

Sectors

The National Confederation of Industry also informed that the billing back in the first two months of this year, 15 of the 19 sectors surveyed. Those who most felt the effects of international financial crisis were: basic metallurgy (-42.6%), wood (-23.7%), rubber and plastic (-22%), chemicals (-20.7%) and machinery and equipment (-20.6%). Moreover, some sectors recorded growth in the first two months of this year, as other transport equipment (+56.1%) and clothing (+8.4%).

Industrial employment

The industrial employment, in turn, retreated 1.1% in February this year in comparison with the previous month, which also set the worst performance since the beginning of the series of CNI in 2003.

The organization reported that this is the fourth consecutive drop in industrial employment. In aggregate this year, the decline of manufacturing employment declined 0.9%. The body is also greater drop since 2003.

"The impacts of reduced industrial activity are felt with intensity in the labor market. The 1.1% decline in February is not trivial for employment. This is starting to reflect in real income," said Castelo Branco.

Hours worked

Have the hours worked in manufacturing, indicating that most closely approximates the level of activity, rose 0.2% from January to February this year. It is the second month following the increase of the indicator.

"However, this movement was insufficient to recover the drop of 10.3% recorded in the fourth quarter of 2008," informed the CNI.

In the first term, however, registered a decline of 7.8% against the same period of 2008 - which also sets the worst result since the beginning of 2003.

Use of industrial park

The level of use of the industrial park industry, in turn, was stable at 77.8% in February this year - same level as in January. Thus, it remains the lowest level since July 2003, according to CNI informouo. "This accommodation occurs after three months of intense fall, when the indicator accumulated reduction of 4.2 percentage points," added the organization.



Source: G1

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

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