Brazilian Industry Grows for Third Month in a Row

Brazil’s industrial sector output rose for the third consecutive month in May, reports the government statistical bureau (IBGE). Production was up 1.3%, compared to April, and 5.5%, compared to May 2004.

The coordinator of the IBGE monthly industrial sector survey, Isabella Nunes, says, “The numbers reflect a positive economic scenario, based on export growth, access to credit and an increase in jobs, along with lower inflation.”


May output, compared to April, was led by durable goods, up 3.7%, where cell phones, autos and domestic appliances all had strong performances. Capital goods rose 3.4%.


Compared to 2004, the biggest rise was in fuel production (petroleum and alcohol), up 10.4%


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Your email address will not be published.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

Imported Raw Fish Causes Disease and Fear in Brazil

The outbreak of cases of diphyllobothriasis (fish tapeworm), caused by eating contaminated raw fish, ...

Brazil to Break AIDS Drugs Patent? ‘All Bluff.’

Brazil’s executive president of the Pharmaceutical Industry Association (Interfarma), Gabriel Tannus, says that Brazil ...

Brazil’s Vice-President Undergoes Angioplasty. All Is Well.

Brazil’s Vice-President of the Republic and Minister of Defense, José Alencar, underwent a heart stint ...

Brazil Wants to Raise Interest Rates to Curb Demand and Prevent Inflation

Central bank policy-makers in Brazil said Thursday they are ready to raise rates next ...

Argentina Accuses Brazil of Violating Trade Agreements

Brazil has been charged by Argentina of not keeping to agreed "self regulated" bilateral ...

Brazil Sees Biotecnology as Panacea for Economic and Ecological Ills

The biotechnology development policy, launched on Thursday, February 8, by Brazilian President Luiz Inácio ...

American PhDs Get Green Building Program in Brazil

The world’s rapidly increasing population is straining natural resources, necessitating a sustainable approach to ...

Brazil and US Waiting for the Other to Blink First on WTO Talks

Brazil signaled this week it would take a tough stance in talks to save ...

Brazil’s Space Program Goes On Out of Step with Times and World

Located in the state of Maranhão, Brazil, the Alcântara Launch Center  made two launch ...

Economy B. C.*

(*Before Cardoso) The public sector has played a crucial role in Brazil’s economic development. ...