Brazilian Industry Gets 16% Boost Thanks to Exports and Domestic Market

    Brazil electronics

    Brazil electronics According to figures disclosed by the Brazilian Institute of Geography and Statistics (IBGE), boosted by the greater exports and supply to the domestic market, Brazil’s industrial production has been recovering since January, after two months running of reductions.

    The Monthly Industrial Research shows that industrial production rose 16% over January 2009, when the economy was suffering due to the economic crisis, and 1.1% from December to January this year, recovering the 1% loss accumulated in the last months of last year.

    “Not only exports, but also industrial supply for the domestic market helped boost the activity in January and in the previous months,” explained IBGE economist André Macedo, with regard to middle goods, one of the main boosters.

    According to the IBGE, the positive result for industry was boosted by 8.6% growth of production of durable consumer goods, 2% in middle goods and an 0.4% rise in semi-consumer and non-durable goods, in the comparison between January and February.

    With regard to the same period last year, the categories advanced 36.4%, 20.2% and 5.8%, respectively.

    The only category with a negative result in the research between December and January was capital goods, with a reduction of 0.1%, after nine months rising (29%).

    The 1.1% growth in January still reflects expansion in 14 of the 27 sectors researched, with special attention to electronic and communications material (14.3%), metal (12%) and beverages (8.1%). Negative results were identified in the printing (-5%) and pharmaceutical (-2.2%) sectors.

    Apart from expansion of exports and of the domestic market, Macedo recalls that the low basis for comparison favored the result for the industry when compared with 2009.

    “The growth is related based on repressed demand, but it is not possible to take into consideration the expansion of production itself,” he said.

    ABr

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Sugar cane plant

    Global Crisis Still Slowing Down Brazil’s Ethanol and Sugar Industry

    The Brazilian Sugarcane Industry Association’s (UNICA) estimates project a 10% increase in sugarcane production ...

    Brazil Has 241 Routes to Sexually Exploit Women and Children

    Another 150 municipalities should be included in Brazil’s Program to Confront Sexual Violence against ...

    In Brazil Cancer of Penis Kills More than Prostate Cancer

    A rare disease in Europe and the United States, the cancer of penis is ...

    Poll Shows Brazil’s Lula Zipping 14 Points Ahead of Alckmin

    Two new polls released yesterday, October 12, in Brazil by Ibope and Vox Populi ...

    US, France and Great Britain Debate in Brazil Paulo Freire’s Literacy Method

    Experts from Brazil, United States. Angola, Portugal, Colombia, Belgium, France, Germany, and England are ...

    Brazil to Break AIDS Drugs Patents in 4 Months

    In 2006, Brazil will begin to produce substances such as AZT, D4T, and 3TC, ...

    Brazil Is in Love With Sol, the Illegal Pretty Girl from “America”

    The United States of America has always welcomed immigrants. From the very beginning of ...

    In Lula’s Hand

    So far so good, but the new President is untried as a national leader ...