Brazil’s Industry Output Is Up 3.2% Thanks to Exports

Brazzil Magazine covers

Brazilian industrial production increased in 12 of the 14 areas included in the Regional Industrial Survey, of the Brazilian Institute of Geography and Statistics (IBGE).

The data issued this Wednesday, March 15, by the IBGE show that, in comparison with January 2005, national industry went up 3.2%.

The best result was in the state of Pará, which registered a 10.7% increase. Industrial production only dropped in the southern states of Rio Grande do Sul (-2.0%), and Paraná (-5.3%).

The survey coordinator, Isabela Nunes Pereira, evaluates that the beginning of 2006 presented a higher growth rate than the average of 2005 last quarter (1.3%), and that this "movement" happened both nationally and regionally.

She recalls that January industrial performance remains related to the production of durable and non-durable goods, such as automobiles, cell phones, television sets, medicine, and exports of cellulose and iron ore.

On the basis of this growth profile, an expansion of internal consumption is observed, based mostly on credit and on the improvement of the salary mass, and on the maintenance of the so-called "vigor" of exports.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Lula Has Buried Brazil’s Last Hopes

If not maddened by it, whoever bothered to review the statements, interviews, debates, and ...

Brazzil Magazine covers

TAM’s New Direct Rio-New York Flight Arrives 6 am at JFK

Brazilian airline TAM has started operating direct flights between Rio de Janeiro and New ...

Brazzil Magazine covers

For the First Time Brazil’s Exports Reach US$ 10 Billion in a Month

Brazil achieved a record US$ 4.03 billion trade surplus in June, bringing its total ...

Brazzil Magazine covers

Samba Web

Samba for the next millennium won’t be restricted to the borders of Brazil. Thanks ...

Brazzil Magazine covers

Government Has Stopped in Brazil. All Left Are Cops & Robbers Games

Barely six months have passed since Brazil’s President Luiz Inácio Lula da Silva began ...

Brazzil Magazine covers

FIFA Now Says Russia Will Have a Very High Bar, After Brazil

FIFA’s president Sepp Blatter has praised a “very special World Cup” in Brazil and ...