Capital Goods Lead Brazil’s Little Growth

After two months of downturn, industrial production in Brazil was up 1.5% in March, compared with February. In relation to March, 2004, the sector grew 1.7%, a positive result, but the smallest since December, 2003.

The data from the monthly industrial survey of the Brazilian Institute of Geography and Statistics (IBGE), released yesterday, also show that in the quarterly comparison, industry in Brazil has registered steady positive results since the end of 2003, despite the decelerating pace of growth demonstrated since the end of last year. The sector grew 3.9% in the first quarter of this year.


According to the study, industrial growth between February and March was sustained by the capital goods sector (5.4%), with the increase in machinery and equipment production.


In comparison with March, 2004, the expansion was led by the durable consumer goods sector (13.9%), with increases in automobile (11.3%), domestic appliance (7.4%), and cell phone (54.6%) production.


ABr

Tags:

You May Also Like

William Faulkner

Faulkner in Brazil: An Important But Neglected Presence (Part I)

The study of William Faulkner’s impact on the literature of Latin America and the ...

19 Years Later, Brazilian Jury Acquits Defendant on Missionary Death

The seven jurors of the second trial related to the murder of Cimi’s  (Indianist ...

Brazil Wants Fair Profit for Biodiverse Areas

Brazil’s Minister of Environment, Marina Silva, on January 21, emphasized the importance of a ...

A Brazilian landless peasant

Catholic Church Denounces Brazil’s Agribusiness and Slavery

Brazil's Pastoral Land Commission, linked to the Brazilian Catholic Church, has just released its ...

Brazil Is the World’s Top Provider of Public Transplant. Still There Are 63,000 in Line.

Brazilian Health Minister, launched Brazil’s National Organ and Tissue Donation Campaign, Friday, September 23, ...

4,000 Foreigners from 65 Countries Come to Brazil’s Leather Fair

Brazilian shoe producers exported higher added value products last year. The average price of ...

Castro Uses Mercosur Stage to Accuse US of 600 Plots to Kill Him

Fidel Castro arrived in Argentina to sign cooperation and trade agreements with the Mercosur ...

Brazil’s Lula Praises Obama and Asks Latin America to Be More Self-Reliant

Brazilian president Luiz Inácio Lula da Silva said, at the end of the Summit ...

Cachaça, a typical Brazilian liquor

“Cachaça” Is Ours, Says Brazil, No Other Country Can Produce It

By the end of this month, Brazil expects to have a list with the ...

Tourism Brought US$ 3.2 Billion to Brazil in 2004

4.7 million foreign tourists came to Brazil in 2004, 14% more when compared to ...