Electronic and Auto Sectors Help Brazilian Industry Grow 6.3%

According to the April industrial sector survey from IBGE, the Brazilian government’s statistical bureau, Brazil’s industry output was up in 12 out of the 14 states surveyed, compared to April 2004.

Out of 20 economic segments surveyed, 17 showed an increase in output. The survey also found that in seven states industrial output was higher than the national average, which was 6.3%.


The highest growth was in Amazonas (21.8%). Two states, however, had negative growth: Pernambuco (-1.5%) and Rio Grande do Sul (-3.9%).


In an explanatory note the IBGE reports that growth was boosted by strong performances in the electronic and communications equipment sectors. For example, cell phone production in the “zona franca” of Manaus, Amazonas, rose 36.7%.


The São Paulo auto sector also turned in a stellar performance with production up 7%, most of it for export (the state of São Paulo makes 40% of all Brazilian vehicles).


There were also sharp rises in production in the pharmaceutical sector (up 20.5%) and machinery and equipment (up 12.4%).


This was the 18th consecutive IBGE survey that has registered growth in industrial production.


Agência Brasil

Tags:

You May Also Like

Brazil’s Petrobras Invests Record US$ 40 Billion, a 33% Boost

Petrobras, the state-controlled oil and gas multinational, ended 2009 with a net profit of ...

Brazil Waiting for House Speaker’s Resignation Speech

The president of Brazil’s Chamber of Deputies Ethics Council, Ricardo Izar, postponed until today ...

GDP Growth Gives Brazilian Stocks a Boost

Shares in Brazil were up sharply on strong economic data; however, Mexican stocks extended ...

Brazilian Kidnappers Adopt Iraqi Style and Sell Victim to Other Gangs

Borrowing a page from Iraq under US-occupation, where kidnap victims are sold to groups ...

While the World Burst Its Bubble, the Good Times for Brazil’s Real Estate Have Just Started

It’s been over 3 years since the majority of the developed world’s housing markets ...

Ecology Expert Pans Brazil for Building More Hydroelectrics

Washington Novaes, a Brazilian journalist who writes on environmental issues and has been a ...

The End of the Dollar Black Market in Brazil

Brazil’s Central Bank informed that the unification of the commercial and tourist currency exchange ...

Sí£o Paulo, Brazil, Gets Honorable Mention as World’s Robbery Capital

A new United Nations report reveals that fear of crime is driving investment away ...

Brazil’s Arab Summit, a Rebuff to U.S.’s Bullying

Ministers from 33 South American and Middle Eastern countries on Sunday began preparing the ...

Brazil Praises American Elections

The Brazilian Minister of Foreign Relations, Celso Amorim, considered important the American electoral process ...

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