Economy

IBGE: industrial production grows 0.7% in February

T&B Petroleum/Agência Brasil
02/04/2019 19:16
IBGE: industrial production grows 0.7% in February Imagem: Divulgation Visualizações: 1663 (0) (0) (0) (0)

Brazilian industrial production rose by 0.7% from January to February, according to data from the Monthly Industrial Survey released today (2) in Rio de Janeiro by the Brazilian Institute of Geography and Statistics (IBGE). From December to January, the sector fell 0.7%.

 

Compared with February 2018, there was a 2% increase. The industry accumulated fall of 0.2% in the year and high of 0.5% in 12 months. In the quarterly moving average, the variation is 0,1%.

 

Three of the four economic categories rose from January to February: capital goods, ie machinery and equipment (4.6%), durable consumer goods (3.7%) and semi-durable and non-durable consumer goods (0, 7%). The intermediate goods, that is, the industrial inputs used in the productive sector, fell by 0.8%.

 

Sixteen of the 26 industrial activities surveyed were discharged, with automotive vehicles, trailers and bodies (6.7%), food products (3.2%) and coke, petroleum products and biofuels (4.3%) high.

 

Ten industrial branches fell. The main decline was from the mining and quarrying industries (-14.8%), a result influenced by the decline in iron ore production related to the Brumadinho dam (MG), on January 25 of this year.

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