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

Gathered in Brazil Indigenous People Complain Their Concerns Are Not Being Heard

The International Indigenous Forum on Biodiversity (IIFB) fired criticism at the 8th Conference of ...

Pope Confirms Trip to Brazil in July for World Youth Day in Rio

On Sunday, the new pope used his Twitter account to praise the city of ...

Brazil and US: A Pledge of Allegiance

"Reaffirming our commitment to advance common values, we will continue to work together to ...

Brazil: Lula Still Disappeared from Sí£o Paulo Scene

After the speculation about whether or not President Lula will be supporting his party ...

American President George W. Bush and the first lady arrive in Brazil

Snubbing Chavez and Seducing Brazil Are Two Sides of Same Bush Game

George W. Bush’s trip to Latin America this month is the most ambitious attempt ...

Brazil’s Industry Federation Calls 2004 Spectacular

“Spectacular,” was the way the president of the Foreign Relations Council at the São ...

Brazilian Police Join US to Capture Colombian Drug Lords

Brazil’s Federal Police initiated, Tuesday, May 16, the Twin Oceans Operation, a simultaneous international ...

Decades-Long Dream Comes True: Brazil Is Self-Sufficient in Oil

Brazilian oil giant Petrobras is scheduled to announce Friday, April 21, that Brazil has ...

Pope talks to a crowd in São Paulo, Brazil

Pope Starts Brazil Trip Condemning Abortion and Euthanasia

In his first speech at the start of his Brazilian trip, Pope Benedict XVI ...

Brazil Boasts of Being a BRIC, But Being a FICS Would Be Much Better

BRIC is the acronym for Brazil, Russia, India and China. The Gross Domestic Product ...

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