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

Bullish News in Brazil Despite Market Closure

Latin American shares advanced, despite a market closure in Brazil. Mexican equities rallied alongside ...

Developing Countries Get Brazilian College Scholarships

Citizens from all over the developing world can apply for scholarships in masters and ...

Despite Crises, Brazil Has World’s Second Largest Aircraft Fleet

Brazil has the second largest fleet of civil aircraft in the world, totalling 11,000 ...

Brazil’s Long Search for a Friendlier, Tastier Soy

Soy has left its position as a simple raw material for oil to reach ...

World’s Best Player Is Brazilian Ronaldinho, Again

Brazilian soccer ace Ronaldinho Gaúcho won his second straight FIFA World Player of the ...

Plebiscite Would Give Lula Chance at Third Mandate as President of Brazil

Another period for Luiz Inácio Lula da Silva as president of Brazil is "a ...

Angra 1 Nuclear Plant

Nuclear Brazil Is Hiding Something. But What?

Secrecy shrouding Brazil’s nuclear capabilities, suspected technological advances and provocative statements made by Luiz ...

Market and Jobs Down in Brazil

Brazilian and Latin American bourses tumbled, in the wake of Tuesday’s U.S. interest rate ...

New Law Limits Size of Brazil’s Primary Surplus

If the Brazilian economy grows less than is expected in 2006, the government will ...

Brazilians Are Told Credit Access Is Back to Normal

Credit availability in Brazil has returned to levels seen before the deepening of the ...

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