Capital Goods Lead Brazil’s Little Growth

After two months of downturn, industrial production in Brazil was up 1.5% in March, compared with February. In relation to March, 2004, the sector grew 1.7%, a positive result, but the smallest since December, 2003.

The data from the monthly industrial survey of the Brazilian Institute of Geography and Statistics (IBGE), released yesterday, also show that in the quarterly comparison, industry in Brazil has registered steady positive results since the end of 2003, despite the decelerating pace of growth demonstrated since the end of last year. The sector grew 3.9% in the first quarter of this year.


According to the study, industrial growth between February and March was sustained by the capital goods sector (5.4%), with the increase in machinery and equipment production.


In comparison with March, 2004, the expansion was led by the durable consumer goods sector (13.9%), with increases in automobile (11.3%), domestic appliance (7.4%), and cell phone (54.6%) production.


ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

When Lover Is a Four-Letter Word

A hit new TV show in Brazil compares women to mares. Meanwhile the mainstream ...

Kidnappers of Brazilian Reporter Condition Release to Airing of Tape

The men who kidnapped a reporter and a technical aide from leading Brazilian television ...

Freedom of Expression Under Duress in Brazil, Says London Human Rights Group

The executive director of London-based human rights organization Article 19 and the coordinator of ...

Pope Benedict XVI arrives in Brazil

The Real Reason Behind Pope’s Visit to Brazil: to Squash Liberation Theology

Ask any ordinary Brazilian Catholic why the pope is visiting Brazil, and the corny ...

US Commerce Secretary Decries Hostile Business Environment in Brazil

According to U.S. Commerce Secretary, Carlos Gutierrez, a general agreement on global trade liberalization ...

Brazil’s Lula: It’s Our Fault

Brazilian President Lula told an audience of big investors in the US that his ...

Brazil Starts Privatization Process of Its Airports

Brazil's minister of Defense, Nelson Jobim, believes that it should be possible to adopt ...

Brazil After Cup: 250 Argentineans Stranded and 180 Ghanaians Asking for Asylum

According to Argentinean Deputy Consul in Brazil, Raul Ailán, since the end of the ...

Brazilians Cheered by 4.8% Boost to Industrial Output

In Brazil and Latin American in general shares moved broadly higher today, July 6, ...

Brazilian Government and Landless Argue Over Land Reform

The National Conference on Land and Water (Conferência Nacional Terra e Àgua) which is ...