Brazil

Industrial output on the rise for second month in a row

Brasil Agency
02/04/2014 19:18
Industrial output on the rise for second month in a row Imagem: Instituto Aço Brasil Visualizações: 1371 (0) (0) (0) (0)

 

Brazil’s industrial production rose for the second consecutive month, with 0.4% in February from January this year. The accumulated growth rate after 2014’s first two months stands at 1.3%. The data were released on Wednesday by the Brazilian Institute of Geography and Statistics (“IBGE”), and show that over the last 12 months the industry expanded 1.1% against the previous 12-month period.
IBGE further points out that the two consecutive rises are taking place after a period in which the country’s industry faced steep declines, also for two periods in a row: a drop of 2.6% in December 2013, and 2.2% in January 2014. According to the institute, Brazil’s industry maintained its progress in February in a large number of sectors. Increases were reported in three out of the four so-called categories of use, as well as in 19 of the 27 activities surveyed.
Among the categories of use, durable consumer goods presented the most significant advance: from –3.9% in the October-December period in 2013 to 6.9% in the first two months this year. The main activity in this category (48%) is the production of motor vehicles.
The division of industrial output according to the so-called categories of use was devised by IBGE and aims “better to clarify the evolution of industrial activity in the short run.” The categories are capital goods; intermediate goods; durable, semi-durable, and nondurable goods.

Brazil’s industrial production rose for the second consecutive month, with 0.4% in February from January this year. The accumulated growth rate after 2014’s first two months stands at 1.3%. The data were released on Wednesday by the Brazilian Institute of Geography and Statistics (“IBGE”), and show that over the last 12 months the industry expanded 1.1% against the previous 12-month period.

IBGE further points out that the two consecutive rises are taking place after a period in which the country’s industry faced steep declines, also for two periods in a row: a drop of 2.6% in December 2013, and 2.2% in January 2014. According to the institute, Brazil’s industry maintained its progress in February in a large number of sectors. Increases were reported in three out of the four so-called categories of use, as well as in 19 of the 27 activities surveyed.

Among the categories of use, durable consumer goods presented the most significant advance: from –3.9% in the October-December period in 2013 to 6.9% in the first two months this year. The main activity in this category (48%) is the production of motor vehicles.

The division of industrial output according to the so-called categories of use was devised by IBGE and aims “better to clarify the evolution of industrial activity in the short run.” The categories are capital goods; intermediate goods; durable, semi-durable, and nondurable goods.

 

Most Read Today
see see
Ethanol
Ethanol Prices Rise in the Last Week of June
30/06/25
People
Fulkrum appoints Louisa Poole as Chief Financial Officer
26/06/25
International Company News
Johan Castberg producing at full capacity
25/06/25
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
Bahia Oil & Gas Energy 2025
Oil States Showcases Commitment to Innovation and Energy...
04/06/25
Permanent Offer
Permanent Offer Auction Notice and Environmental Licensi...
04/06/25
Environment
Supergasbras Expands Actions to Reduce CO₂ Emissions in ...
04/06/25
Sergipe Oil & Gas 2025
Sergipe Oil & Gas 2025 Launched with Focus on Innovation...
04/06/25
Marginal Fields
Fiscal Measures with Disproportionate Impact on Independ...
04/06/25
Investments
Transpetro launches tender to enter barge operation segment
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Energy surpasses 13,000 registrants and ...
30/05/25
Bahia Oil & Gas Energy 2025
Marquise Ambiental presents industrial waste solutions a...
30/05/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.