Cell Phones and TV Sets Spur Brazilian Industry

The 3.1% increase of the Brazilian industrial production in 2005, compared to 2004, was due to the increase in the production of durable consumer goods (11.4%), according to the Monthly Industrial Research, released today.

The numbers were compiled by the Brazilian Institute of Geography and Statistics (IBGE). Automobiles (13.1%), cell phones (43.9%) and TV sets (23.1%) had the best production performances.

The segment of semidurable and non-durable consumer goods (clothes, shoes, food, beverages, and medication) went up 4.7%, surpassing the industry average, which, according to the IBGE, had not happened since 1999. The segment of capital goods (machinery and equipment) also grew above the industrial average (3.6%).

"This result means that it is occurring an investment expansion, especially in areas other than industrial, such as in the production of equipments for electric energy, transportation, and construction, which reflects the confidence of the entrepreneur for making new investments", evaluated Sí­lvio Salles, head of IBGE’s Industry Coordination.

ABr

Tags:

You May Also Like

Brazil Industry Grows Again After Two Months of Decline

The Brazilian industry recorded a 1.8% growth in production in January, compared with December ...

There’s a Coup d’État Underway in Brazil, and We Congressmen Are to Blame

In an interview for Magno Martins’ blog, I responded that, in brief, I could ...

Brazil-France Effort Recovers in the Atlantic 17 Bodies from Air France Jet

Seventeen bodies from the 228 people aboard Air France flight 447 have now been ...

Beef Exports Have Already Brought Brazil Over US$ 2 Billion This Year

From January to May Brazil has exported US$ 2.06 billion in beef, representing growth ...

Lula Woos Italians with Charm and Business Deals in Brazil

At the closing ceremony of the Brazil-Italy Forum in the headquarters of the Federation ...

In Brazil, IMF Only for a Rainy Day

Speaking to journalists at the Palácio do Planalto, December 23, Brazilian President Luiz Inácio ...

Women Candidates Still Few in Brazil

Despite the existence in Brazil of quotas which oblige political parties to reserve at ...

Brazil: New Arab Summit on the Making

The next Summit of South American-Arab Countries will take place in 2008. This information ...

China Becomes Brazil’s Third Biggest Trade Partner Behind US and Argentina

The executive secretary at Brazil’s Ministry of Development, Ivan Ramalho, declared that total bilateral ...

Brazil’s Petrobras Pushes Past Microsoft to Become Third in the Americas

Brazil's state-controlled oil multinational Petrobras has overcome Microsoft to become the third largest company ...

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