Brazil’s Industry Grows 5.5%, Rio Grande do Sul Shrinks

Brazil’s industrial production in May was up in 13 of the 14 regions analyzed by the Brazilian Institute of Geography and Statistics (IBGE), in comparison with May, 2004.

The exception was Rio Grande do Sul (-2.4%), where May represented the fifth straight month of negative results. Rio Grande do Sul was also the only state in which the cumulative result for the period January-May was negative.


The study, which was released yesterday, July 12, shows that the highest growth rate in May was registered in Amazonas (24.6%), followed by Paraná (13.5%), Ceará (7.2%), São Paulo (6.3%), and Minas Gerais (5.5%), all above the national average (5.5%).


Pará (4.4%), Santa Catarina (3.5%), Espí­rito Santo (2.2%), the Northeast (1.9%), Rio de Janeiro (1.5%), Goiás (1.4%), Pernambuco (0.9%), and Bahia (0.4%) grew less than the national average.


In terms of cumulative growth so far this year, Amazonas is once again the outstanding performer (18.1%).


According to the IBGE, the expansion there is being driven by the production of electronic materials and communication equipment, especially cell phones and television sets.


In the states of Santa Catarina (7.3%), Minas Gerais (7.2%), and Paraná (6.5%), motor vehicle production is largely responsible for the positive results.


“The increase observed in the production of durable goods has benefited from the sustained dynamism of exports and, in relation to the domestic market, the maintenance of the credit supply,” the Institute’s announcement declares.


ABr – www.radiobras.gov.br

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Your email address will not be published.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

Brazil: Grassroots Action Amid Mud Huts

Brazil’s Ministry of Cities’ National Urban Development Policy program (PNDU) has arrived in a ...

Fitzpatrick Gets His Own Site to Talk Brazilian Politics

A new site covering Brazilian politics and business has been launched. It’s Brazil Political ...

The African Diaspora Gathers in Salvador, Bahia, Brazil

From today, July 12, to Saturday, July 15, the city of Salvador, in the ...

Brazil Advances in 2005, But It’s Still Far from Investment Grade

Brazilian President Luiz Inácio Lula da Silva’s economic team ended 2005 celebrating the indicators ...

Every 15 Seconds a Brazilian Woman Suffers Violence

Approximately 40,000 Brazilian women from all over the country gathered in  São Paulo on ...

Condoms for All: Brazil to Give Away 1 Billion of Them

Brazil’s Ministry of Health will buy around one billion condoms for free distribution in ...

Brazil’s House Committee to Ask for Expulsion of 18 Congressmen

The first preliminary report from Brazil’s Post Office CPI – Comissão Parlamentar Mista de ...

Brazil President Wants Oil Riches to Fund Education. Congress Says No

Dilma Rousseff, the president of Brazil, said she has sent to Congress another proposal ...

Sweden Partipates in Brazilian Seminar on Women Trafficking

The international human traffic network is the third most lucrative in the world, with ...

Beauty and the Beat

Bahia has a new muse. Banda Eva sells one million CDs and projects Ivete ...