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: 1374 (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
Petrobras
The Búzios and Atapu fields received nearly the entire U...
13/05/25
Petrobras
Petrobras informs about shareholder remuneration
13/05/25
Pre-Salt
Petrobras informs about new oil discovery in the Santos ...
09/05/25
OTC Houston 2025
ABEMI reinforces strategic presence at OTC 2025
09/05/25
OTC Houston 2025
Oil States stands out at OTC Houston 2025 with award-win...
09/05/25
Natural Gas
Petrobras and Portobello establish unprecedented partner...
09/05/25
OTC Houston 2025
Offshore Technology Conference 2025: Waves of Innovation...
09/05/25
OTC Houston 2025
At OTC Houston 2025, Firjan takes part in MoU signing be...
09/05/25
Santos Basin
Karoon completes acquisition of FPSO Cidade de Itajaí
08/05/25
OTC Houston 2025
Brazilian company gains recognition at OTC with pioneeri...
08/05/25
OTC Houston 2025
Technology from Brazilian company Vidya is being used in...
08/05/25
OTC Houston 2025
Tenenge and Enseada are present at OTC 2025 in Houston
08/05/25
Selic Rate
Selic Rate Hike to 14.75% Signals Risks to Industry and ...
08/05/25
OTC Houston 2025
A Sergipe delegation at the fair in the USA met with Pet...
07/05/25
RD&I
ouronova and Equinor develop robots to operate in FPSO tanks
07/05/25
OTC Houston 2025
Petrobras, IBP, Sinaval, and ApexBrasil promote new busi...
07/05/25
Offshore
Decommissioning of Fixed Platforms in Shallow Waters Att...
07/05/25
OTC Houston 2025
Vesper, a leader in industrial EX Fans and Exhausters, m...
07/05/25
Sergipe Oil & Gas 2025
SOG25 to Highlight Sergipe’s Oil and Gas Production Pote...
07/05/25
OTC Houston 2025
EPE destaca oportunidades de investimento no setor energ...
07/05/25
OTC Houston 2025
PPSA announces revision of the volume to be offered in t...
06/05/25
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.