• Categories
  • Archives

Brazilian Industry Grows But Timidly

Industrial production in São Paulo rose 2.95% in May, compared to April. It was up 4.4%, compared to May 2004, and up 4.7% for the year. The numbers are from a survey by the state manufacturing federation (Fiesp, Federação das Indústrias do Estado de São Paulo).

In the Food and Beverages sector there was strong growth of 7.3% in May, compared to April. However, on the other hand, the sector is down 8.2% for the year.

Fiesp director, Paulo Francini, explains that while most industrial output is driven by exports and domestic consumer credit, the Food and Beverages sector depends on consumer income.

Machinery and Equipment was up 0.3%, which is considered low. Francini says the sector needs investments to grow and there has been a brake on investments.

Finally, the Office Supplies and Equipment sector had growth of 0.4% in May, a result, says Francini, of a crackdown on contraband and piracy.



  • 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Your email address will not be published.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.


You May Also Like

2010 Now: Brazil Anticipates 5% Biodiesel Addition to Diesel by Three Years

The president of Brazil, Luiz Inácio Lula da Silva, announced last week that the ...

Mixing Work with Pleasure in Brazil

Wow! I thought as I got off the phone with my friend Bill Ledbetter, ...

A Cambridge PhD and the Heir to Brazil’s Biggest Bank Among Marina Silva’s Advisors

Two economists with graduate studies in Cambridge and Massachusetts Institute of Technology, a lawyer ...

Sand, Surf, and Sun

CDs or Books by Keyword, Title or Author By Brazzil Magazine Founded in 1585, ...

Lula, Brazil’s Mr. Gardiner

Our own tele-idiot is very real and has already conquered Brasília. Our President analyzes ...

Ali Baba and His Forty Thieves Are Alive and Well in Brazil These Days

Though officially Brazil abides by the Gregorian calendar, New Year kicks in for most ...


Tieta, Teresa Batista, Gabriela, Quincas Berro Dágua, Vadinho and Dona Flor. For many of ...

Rio When It Drizzles

Rio de Janeiro is a delightful place to visit in the fall—Brazilian fall, that ...

Herbie Mann: Brazil Was Home Too

Herbie Mann became one of the first American jazz artists to record bossa nova. ...