metatag Brazilian Industry Slows Pace - brazzil

Brazilian Industry Slows Pace

Industrial production in Brazil fell 1.2% in February, compared with January. The decline affected 10 of the 23 activities surveyed, according to information released today by the Brazilian Institute of Geography and Statistics (IBGE).

The biggest declines occurred in pharmaceuticals (-15.6% ), food (-2.2%), petroleum refining and alcohol production (-3.1%), and beverages (-5.6%).


Among the sectors that turned in positive results, the outstanding performers were metal products (4.5%), basic metallurgy (2.5%), perfumes, soap, and cleaning products (6.2%), and rubber and plastics (1.6%).


Industrial production was up 4.4% in comparison with February, 2004. According to the IBGE, the performances of motor vehicles (15.4%), electronic and communications materials (20.4%), and machinery and equipment (7.9%) sustained this growth in overall industrial production.


ABr

Tags:

You May Also Like

Brazil’s 10-Years Global Bonds Get BBB- from Fitch

New York and London-based financial rating agency Fitch Ratings has assigned a rating of ...

Bureaucracy Is Hurting Brazil Coffee Overseas

Brazilian coffee producers’ exports revenues increased by 26.6% in the first eight months of ...

Pope will visit Aparecida cathedral in Brazil

Pope to Condemn Abortion and Brazil’s Free Condom Policy

Brazilian President Luiz Inácio Lula da Silva said Monday, May 7, he would discuss ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`