Sales, Jobs and Production All Grow Slightly in Brazilian Industry

Domestic industry sales in Brazil increased 1.82% in September compared to August, in the series free from seasonal influence. During the same period, employment in the sector saw a 0.24% increase, and production hours worked grew by 0.20%.

The data are from the Industrial Indicators survey, published by the National Industry Confederation (CNI).

"The numbers show that the situation is improving," said the managing executive at the CNI Research, Evaluation and Development Unit, Renato da Fonseca.

Quarterly indicators attest to the expansion of activity. In the third quarter this year, sales increased 1.9%, twice as much as the 0.87% rate recorded during the second quarter.

Meanwhile, the foreign investment balance for the São Paulo Stock Exchange (Bovespa) was positive, closing at 639 million reais (US$ 298.3 million) during the first 20 days in October.

The figure is a result of share purchases worth 12.1 billion reais (US$ 5.6 billion) by foreigners, and of 11,5 billion reais (US$ 5.3 billion) in sales.

Tags:

You May Also Like

Brazilian General Found Dead in Haiti. Apparent Suicide.

The Brazilian military commander in charge of U.N. peacekeepers in Haiti was found dead ...

In the Blacklist

The big recording stores don’t carry any titles by Wilson Simonal, a singer who ...

Brazilian Minister Envisions Doubling Amazon Production Without Deforestation

Brazil’s Minister of Environment, Marina Silva, affirmed Monday, April 17, that it is possible ...

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