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: 1762 (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
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 Opens with Stronger Integr...
09/09/25
Rio Pipeline & Logistics 2025
At Transpetro, Social Responsibility Initiatives Support...
09/09/25
Rio Pipeline & Logistics 2025
DNV participates in Rio Pipeline & Logistics 2025
09/09/25
Rio Pipeline & Logistics 2025
Construtora Elevação Brings Innovation, Efficiency, and ...
09/09/25
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.

2