• Categories
  • Archives

Sales, Jobs and Production All Grow Slightly in Brazilian Industry

Domestic industry sales in Brazil increased 1.82% in September compared to August, in the series free from seasonal influence. During the same period, employment in the sector saw a 0.24% increase, and production hours worked grew by 0.20%.

The data are from the Industrial Indicators survey, published by the National Industry Confederation (CNI).

"The numbers show that the situation is improving," said the managing executive at the CNI Research, Evaluation and Development Unit, Renato da Fonseca.

Quarterly indicators attest to the expansion of activity. In the third quarter this year, sales increased 1.9%, twice as much as the 0.87% rate recorded during the second quarter.

Meanwhile, the foreign investment balance for the São Paulo Stock Exchange (Bovespa) was positive, closing at 639 million reais (US$ 298.3 million) during the first 20 days in October.

The figure is a result of share purchases worth 12.1 billion reais (US$ 5.6 billion) by foreigners, and of 11,5 billion reais (US$ 5.3 billion) in sales.


  • 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Your email address will not be published.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

Industry of Fear Thrives in Brazil

The original target was to collect 80,000 weapons by the end of the year. ...

Brazilian Presidential Candidate Serra: a Life of Opposition and Solid Education

Brazilian presidential candidate José Serra was born into a working-class family of Italian immigrants ...

Brazilian Union Workers Take Up to 50% Pay Cut to Keep Their Jobs

Metalworkers from Brazil belonging to unions from the country's powerhouse, São Paulo state, have ...

Brazil to Slow Growth Pace Now

Brazilian markets rose, as investors reacted positively to an in-line interest rate hike in ...

Global Food Price Hikes Give 18% Boost to Sí£o Paulo, Brazil, Farm Revenues

The agricultural production value in São Paulo, Brazil, should end the year at 37.7 ...

The Shame of Being Brazilian

If Brazil is unable to develop, if it was the last country in the ...

Brazil’s Lula in Ecuador Pleading for Unity

Brazil President Luiz Inácio Lula da Silva was awarded the Cordon of the Ecuadorean National ...

Syrian President Compares Obama to Lula and Says Brazilian Leader Gets Results

Wrapping up his  Latin American tour of four countries, Brazil, Cuba, Venezuela and Argentina, ...

Brazilian Children Get Site That Teaches Their Rights

Since the end of last year, Brazilian children have access to a new tool ...

Brazil produces some of its own AIDS drugs

US AIDS Group Hails Brazil for Breaking Merck’s AIDS Drug Patent

AIDS Healthcare Foundation (AHF), the US' largest provider of HIV/AIDS healthcare, education and prevention ...