• Categories
  • Archives

Brazil’s Industry Output Grows Meager 0.1% After 4 Months of Decline

Brazilian industrial output rose 0.1% in October, interrupting four consecutive months of decreases, reports the Monthly Industrial Survey (Pesquisa Industrial Mensal) which is conducted by the government statistical bureau (Instituto Brasileiro de Geografia e EstatÀ­stica) (IBGE).

For the twelve-month period ending in June, industrial output was up 6.7%; however, for the twelve-month period ending in October, it had fallen to an increase of 4.1%.

According to the IBGE that is evidence that there definitely has been an economic slowdown underway and the small increase in October cannot be seen as a turning point – yet.

October output rose in 13 of the 23 economic segments surveyed by the IBGE. There were increases in machinery and electrical equipment, petroleum refining and ethanol production. And decreases in electronics and communications equipment, and textiles.

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Your email address will not be published.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

Brazilian President Ready for 5th African Tour

Brazilian President Luiz Inácio Lula da Silva will make an official visit to Algeria ...

Angola Backs a Bigger Global Role for Brazil

Brazilian President Luiz Inácio Lula da Silva received the President of Angola, José Eduardo ...

Brazil’s Formula to Expropriate Rural Property for Land Reform

A new formula developed by Brazil’s Ministry of Agrarian Development (MDA) to calculate the ...

LETTERS

The Brazilian Internet explosion was so fast that in only five years the Brazilians ...

Brazilian cachaça Pitú

New Distributor Vows to Make Brazil’s Cachaça Pitíº Popular in the US

Pitú, a popular cachaça brand in Brazil, should soon have widespread distribution in the ...

Brazil’s Tropical Fruit Company Doce Mel Wants to Double Exports

Not everyone in Brazilian business is thinking smaller. Take the example of the papayas ...

Evangelical Media Empire in Brazil Goes to Court to Intimidate Press

International human rights organization Article 19 has strongly condemned the wave of civil defamation ...

In Havana, Brazilian President Signs Pact to Explore Oil Off Cuba

Brazilian President, Luiz Inácio Lula da Silva, is in Cuba with a busy agenda, ...

Together with Cuba and China, Brazil Owes Billions to Paris Club

The Paris Club of creditor nations disclosed this week for the first time ever ...

Brazil Getting Ready for 32 Million Elderly

By 2050, the number of people in Brazil over the age of 60 will ...