Brazil’s Industry Output Is Up 3.2% Thanks to Exports

Brazilian industrial production increased in 12 of the 14 areas included in the Regional Industrial Survey, of the Brazilian Institute of Geography and Statistics (IBGE).

The data issued this Wednesday, March 15, by the IBGE show that, in comparison with January 2005, national industry went up 3.2%.

The best result was in the state of Pará, which registered a 10.7% increase. Industrial production only dropped in the southern states of Rio Grande do Sul (-2.0%), and Paraná (-5.3%).

The survey coordinator, Isabela Nunes Pereira, evaluates that the beginning of 2006 presented a higher growth rate than the average of 2005 last quarter (1.3%), and that this "movement" happened both nationally and regionally.

She recalls that January industrial performance remains related to the production of durable and non-durable goods, such as automobiles, cell phones, television sets, medicine, and exports of cellulose and iron ore.

On the basis of this growth profile, an expansion of internal consumption is observed, based mostly on credit and on the improvement of the salary mass, and on the maintenance of the so-called "vigor" of exports.

Agência Brasil

Tags:

You May Also Like

Brazil’s Industry Leader Calls for Control on Chinese Imports

The president of the CNI (Confederação Nacional da Indústria – National Confederation of Industry) ...

In Brazil, It’s Time for the Market to Pocket Profits

Brazilian and Latin American markets eased back, as investors booked profits after several record-breaking ...

Guerrilla Sound

While in the U.S. payroll costs to employers are 9% over the cost of ...

Brazil Offers Farmers Low-Interest Loans to Fight Soybean Rust

The Bank of Brazil (BB) opened an emergency credit line of US$ 85 million ...

First Edition of Rio-à-porter Brings Fashion to the Dock of Rio’s Port

Rio de Janeiro’s first edition of the fashion and design industry salon, Rio-à-porter, held ...

Brazil Amazon Indians Take on Soy Barons Blocking Dam Site

The remote Enawenê Nawê Indians have blockaded the construction site of a hydroelectric dam in ...

Brazil Raises Gas Prices 6.6%, But Markets Say This is Not Enough

Petrobras, the Brazilian state-controlled oil multinational said in a market filing that it would ...

Coffee Employs 8.4 Million People in Brazil

Brazilian President Luiz Inácio Lula da Silva pointed out that 70% of the coffee ...

Zero Hunger Czar Says All Brazilians Will Have Food by the End of 2006

Through its social programs, the Brazilian federal government hopes, by the end of 2006, ...

São Paulo Governor Pans Brazil’s Key Interest Rate Hike

José Serra, the governor of the Southeastern state of São Paulo and one of ...

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