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: 2196 (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
Recognition
National Public Transparency Program Grants Transpetro I...
10/12/25
Logistics
Transpetro expands its logistics operations with the int...
09/12/25
Auction
PPSA raises around R$ 8.8 billion from the sale of the F...
08/12/25
PPSA
Petrobras announces results of PPSA’s Non-Contracted Are...
08/12/25
Niterói
Niterói concludes second edition of Tomorrow Blue Econom...
02/12/25
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
Company News
Belga Marine and Global Maritime Announce Strategic Part...
21/11/25
Niterói
Tomorrow Blue Economy sets Niterói in motion in the coun...
13/11/25
Cop30
ANP Participates in the Event and Advances Measures for ...
13/11/25
FIRJAN
Enaex 2025 Discusses Reindustrialization, Brazil’s Compe...
13/11/25
Mossoró Oil & Gas Energy 2025
Mossoró Oil & Gas Energy to Feature Strategic Debates in...
13/11/25
Company News
Norsul becomes the first company in Latin America to ado...
11/11/25
ADIPEC 2025
From energy to intelligence to impact: ADIPEC 2025 sets ...
07/11/25
ADIPEC 2025
ADIPEC 2025 Day 3: Energy, finance and technology leader...
07/11/25
Results
Petrobras reaches net income of R$ 32.7 billion in the t...
07/11/25
Cop30
IBP Advocates Global Criteria for a Just Energy Transition
07/11/25
Offshore
Decommissioning Takes Center Stage
07/11/25
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.