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

Royal Road, a Legacy of Brazil’s Exploitation by Portugal

American author Glenn Alan Cheney has written a book about a little-known part of ...

Piracy in Brazil Is Annual $10 Billion Heist

The man in charge of Interpol’s Intellectual Property Crimes Unit, John Newton, praised the ...

Lula’s Lack of Leadership Leads Brazil’s Market Down

Brazilian and Latin American markets slumped, alongside a lower close for U.S. shares. In ...

From Day One Military Have Been Watchdogs and Overlords of Brazil’s Republic

As this year of 2006 marks 21 years since the end of Brazil’s 21-year ...

Brazil to Have Pavillion with 25 Companies at Dubai’s Dental Fair

At least 25 Brazilian companies are going to participate in the 10th edition of ...

Brazil Sends Team to Help Rebuild Lebanon After Israeli Attacks

A cooperation mission to Lebanon, promoted by the Brazilian government, is going to leave ...

US Rate Hike Cools Brazilian Market

Brazilian markets declined, yesterday, ahead of a possible U.S. interest rate hike on Wednesday. ...

In Brazil the Arabs Are In and All Seem to Be Cashing In

The growth of exports from Brazil to the Arab countries may exceed 20% this ...

Brazil: Is This a Conspiracy Against Lula?

You can take your pick: total lack of coordination within the government or reprisal ...

Lula Assures Brazilians Bolivia Conflict Won’t Raise Gas Prices

Brazilian President Luiz Inácio Lula da Silva admitted that it was a mistake for ...

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